Tax-exempt affiliated health care entities treated as one employer for purposes of 401(k) grandfather rules
Article Abstract:
The IRS ruled in Private Letter Ruling 9612029 that a tax-exempt health entity with a grandfathered 401(k) plan that merged with another tax-exempt health organization could offer plan participation to employees of the organization it merged with. Tax-exempts cannot establish new 401(k) plans but can continue to offer participation to new employees if the plan was established before July 1986. The IRS examined the relationship of the merging entities and found that they formed one employer. All employees of the merged entity could therefore participate in the 401(k) plan.
Publication Name: Tax Management Compensation Planning Journal
Subject: Law
ISSN: 0747-8607
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Courts split on whether insured LTD plan violates ADA by providing longer period of benefits for physical than for mental disabilities
Article Abstract:
The US Eastern District Court of Virginia followed the federal courts in allowing claims against employers and insurers who provide shorter periods of disability insurance to those with mental illnesses compared to physical illnesses. There is a split in the federal courts on the issue of whether such policy terms violate the Americans with Disabilities Act. The Lewis v. Aetna Life Insurance court allowed the case to continue. However, the insurer could introduce evidence that the distinction was made based upon sound actuarial principals.
Publication Name: Tax Management Compensation Planning Journal
Subject: Law
ISSN: 0747-8607
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Separate coverage election lowers cost of group-term life benefits for employees; reinstatement of retired executives in insured s. 79 plan does not affect 1984 TRA grandfather
Article Abstract:
The IRS issued two private rulings concerning Tax Reform Act (TRA) of 1984 and separate benefits coverage for group-term life insurance contracts as affected by s. 79 rules. One ruling allows retired executives affected by the TRA grandfather clause to change insured s. 79 plans as long as the benefits levels are not increased. The other ruling allows employers to treat basic and supplemental plans and coverage for smokers and non-smokers separately for s. 79 purposes.
Publication Name: Tax Management Compensation Planning Journal
Subject: Law
ISSN: 0747-8607
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Eliminating general causation: notes towards a new theory of justice and toxic torts. From the Archives (such as they are)
- Abstracts: Reconciling diverse authorities on sales of remainder interests. The Uniform Disclaimer of Property Interests Act: opportunities and pitfalls
- Abstracts: Adjudicated health: incarcerated women and the social construction of health. Waiting to be caught: the devolution of health for women newly released from jail
- Abstracts: The Tax Court Ignores Sham and Section 367 Arguments but Utilities 482 to Allocate Income - Hospital Corp. of America v. Comr
- Abstracts: "The most fun they've ever had": lawyers in the world of pro sports. Olympic lawyers behind the scenes; let the games begin