Archived Insight | February 11, 2016

2017 Budget Proposals Affecting Retirement Plans, Savings

The federal Budget for Fiscal Year 2017, which was published on February 9, 2016, includes several proposals that would affect retirement plans and savings.

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Budget Act Provisions that Affect Employee Benefits

Plan sponsors: Review several parts of the bill, particularly those related to Health Savings Accounts (HSAs) and certain other fringe benefits.

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

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ACA Dollar Amounts and Percentages

We updated the charts to include the Department of Health and Human Services’ revised maximum annual limits on cost-sharing for 2026, which increased.

Health, Compliance

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ERISA Preempts State PBM Law

Supreme Court declines to review 10th Circuit ruling that ERISA preempts Oklahoma’s PBM law, reinforcing limits on state regulation of plan design.

Health, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Pharmaceutical, Corporate

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.