Important Notice About the IA&B Office
Read a message from IA&B President & CEO Jason Ernest about the sale of the IA&B office building in Mechanicsburg, PA.
Month: December 2021
New Annuities Suitability ‘Best Interest’ Standard
State lawmakers this week passed model legislation, which will replace the current suitability of annuities standard and impact producers’ training requirements likely by mid-June 2022.
Producer Health Insurance Compensation Disclosure Requirements
Learn what’s known about the new compensation disclosure requirements for health insurance agents, which take effect on Dec. 27.
Help Clients Comply with Contractor Registration Act
Review guidance from the Delaware Department of Labor to help clients comply with providing proof of workers’ compensation insurance under the Delaware Contractor Registration Act.
NFIP Escapes Expiration Again
President Biden signed into law a continuing resolution to extend the National Flood Insurance Program (NFIP) through Feb. 18 – the 18th short-term extension since September 2017.
IRS Says Employers Can Rehire Workers Drawing Retirement Benefits
The IRS is attempting to help employers facing labor shortages by removing barriers that previously stopped them from rehiring retirees.
EEOC Announces Focus on Use of AI in Hiring
Artificial intelligence used in employment decisions will comply with federal anti-discrimination laws, according to a new initiative.
DOL Delays Enforcement of Investment Advice Rule
Plan on a several month delay for new regulations on investment advice provided to participants in 401(k) or similar retirement plans.
DOL Delays Enforcement of Health Plan Cost Reporting
Prescription Drug and Health Care Spending – a new rule that spells out requirements for certain health plan sponsors and insurers to report annually the cost of prescription drugs and certain medical expenses – will not take effect until the end of 2022.
IRS Offers Extension for Delivering Employee Forms
The IRS plans to extend the deadline for delivering ACA 1095 reporting forms to employees.