Seyfarth Synopsis: The IRS is back to work and just announced the 2026 annual limits that will apply to tax-qualified retirement plans. But wait, there’s more – a surprise increase in the inaugural FICA wage limit for purposes of the mandatory
Beneficially Yours, published by Seyfarth Shaw LLP, focuses on legal developments and practical guidance related to employee benefits and compensation. The blog covers topics such as employment contract reforms, health and welfare plan limits, tax-qualified retirement plan regulations, and the impact of emerging technologies like artificial intelligence on health plan administration. It also addresses compliance with new laws, IRS announcements on contribution limits, and regulatory updates affecting employee benefit plans. The content is aimed at helping employers, plan sponsors, and legal practitioners navigate complex employee benefits issues and implement effective plan administration strategies.
Artificial intelligence (AI) is transforming many industries — and employee benefit plan administration is no exception. In the latest episode of Seyfarth’s Health Care Beat podcast, co-hosts Chris DeMeo and Amanda Genovese continue their discussion on AI & Health Care:…
Seyfarth Synopsis: Earlier today, Treasury and the IRS issued highly-anticipated final regulations addressing several changes to the catch-up contribution provisions implemented by SECURE 2.0. Proposed regulations were issued earlier this year (see our Legal Update here), and administrative questions…
In this episode, Richard is joined by Alan Wilmit, serving as co-host, as they welcome Ada Dolph, a Partner in Seyfarth’s ERISA Litigation group, to unpack the complexities of pension risk transfers (PRTs). Ada explains what PRTs are, how…