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Employee Benefits

Our clients appreciate the ability of the attorneys at Moore, Costello & Hart P.L.L.P. to give advice about employee benefits in a down-to-earth, clear manner.  Sorting through the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code can be consuming and overwhelming.  Our attorneys assist our clients in wading through the regulatory framework of employee benefits in order to provide their employees with the optimal benefit portfolio.

Our attorneys provide advice and representation to our clients in all types of legal issues, including: 

  • Review of third party administration agreements
  • Review and drafting of summary plan descriptions for pension and welfare plans
  • Review and drafting of plan documents and amendments
  • Advice on the fiduciary responsibilities of plan sponsors

Small Business Health Care Tax Credit

Health Care Reform recently passed by Congress includes a tax credit for small employers who provide health insurance for their employees. The credit can be as much as 35% of premiums paid during 2010 (25% for nonprofit employers). Click for more information.
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NEWEST COBRA Subsidy Extension to 5/31/10

Congress has again extended the COBRA premium subsidy available to eligible individuals who lose health coverage due to an involuntary termination of employment. Under the original law passed in February 2009, the subsidy was available to persons who lost coverage between September 1, 2008 and December 31, 2009. The cutoff date was earlier extended to February 28, 2010, later to March 31, 2010, and has now been extended to May 31, 2010. Click below for more information.
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IRS Explains How to Allow PTO Contributions

As part of the Obama administration’s Retirement and Savings Initiatives, last month the Internal Revenue Service issued guidance on contributing Paid Time Off (PTO) to a profit-sharing/401(k) plan. Click here for more information.
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Encourage commuting by bicycle!

Employers can encourage employees to commute to work by bicycle if they offer tax-free reimbursements to buy, repair, improve, or store bicycles. Click below for more information.
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Monica Kelley on The Peter McClellan Show

Monica Kelley presented on The Peter McCleelan Show on AM 1570 on August 24, 2009. The topic was employee benefits. Click below to hear the audio.
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Reporting Relief for 403(b) Plans

The Department of Labor has issued guidance providing relief from some Form 5500 reporting requirements for 403(b) plan administrators. Click below for more information.
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Cafeteria Plans Required

Effective July 1, 2009, Minnesota law requires employers with 11 or more full-time equivalent employees to have a "cafeteria plan" to allow their employees to purchase individual market health insurance with pre-tax dollars.
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Congress Waives Required Distributions

Congress recently passed legislation applicable to qualified defined benefit plans, Code Section 403(a) and (b) plans, governmental 457(b) defined contribution plans, and individual retirement plans. This legislation waives certain minimum distribution requirements for 2009. Click below for more information.
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Professionals in this Practice Area

Tara D. Mattessich

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Monica A. Kelley

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Brandi S. Kerber

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