Tax-qualified US retirement plans may need to be amended by December 31, 2014 in order to comply with requirements imposed by the Internal Revenue Service (IRS) regarding the treatment of individuals in same-sex marriages following the US Supreme Court’s decision in United States v. Windsor.
Employers must act by the end of 2009 if they want to take advantage of transition relief provided by Notice 2008-113 (the Notice) for certain types of operational violations of the rules under Internal Revenue Code Section 409A that occurred prior to 2008.
The Children’s Health Insurance Program Reauthorization Act of 2009 (CHIP), enacted on February 4, 2009, imposes significant new obligations on sponsors of group health plans. The law expands health insurance coverage assistance made available to certain low-income individuals, and it also expands the groups of individuals who may be eligible for assistance.
The Securities and Exchange Commission’s Notice and Access rules (also known as the "E-Proxy" rules), which became effective on January 1, 2009, give all public companies the option to forego the traditional method of mailing proxy materials to shareholders and instead to use the "notice and access model," whereby such materials are primarily made available via the Internet.