Jacob Mattinson
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Jacob M. Mattinson focuses his practice on employee benefits and matters related to 401(k), 403(b), pension, executive compensation, health care reform, and cafeteria and welfare plans. Jacob assists clients in drafting employee benefit plan documents and amendments. He represents clients in matters before the Internal Revenue Service (IRS), US Department of Labor (DOL) and Pension Benefit Guaranty Corporation with respect to plain qualification issues. Read Jacob Mattinson's full bio.
Fridays With Benefits Webinar | Make Way For The HRA!
By Jacob Mattinson and McDermott Will & Emery on Dec 4, 2018
Posted In Employee Benefits, Health and Welfare Plans
Join us Friday, December 7 for our monthly Fridays With Benefits webinar. New proposed rules make the HRA an interesting option for employers beginning in 2020. Join McDermott lawyers for an interactive discussion regarding the “Integrated HRA” the “Excepted Benefit HRA” and the medical plan design opportunities they present. Join our lively 45-minute discussion while...
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Increase in Health FSA Contribution Limit Just Announced
By Jacob Mattinson on Nov 16, 2018
Posted In Employee Benefits, Health and Welfare Plans
Yesterday, November 15, 2018, the Internal Revenue Service (IRS) increased the annual maximum salary reduction limit for contributions to a health flexible spending account to $2,700. The 2019 contribution limit was published in Rev. Proc. 2018-57. The 2018 contribution limit was $2,650, resulting in an increase of $50 for 2019. An employer may use the...
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7 Tips to Avoid Compliance Missteps During Open Enrollment
By Jacob Mattinson and Megan Mardy on Nov 6, 2018
Posted In Employee Benefits, Health and Welfare Plans, Privacy and Data Security
One of the busiest times of year for an employee benefits professional is open enrollment. It is a crucial and yet stressful time of year that typically results in numerous employee questions and complaints and is a time of year with high potential for both employer and employee mistakes. Despite the stress and potential for...
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IRS Announces 2019 Employee Benefit Plan Limits
By Brian Tiemann, Jeffrey Holdvogt and Jacob Mattinson on Nov 2, 2018
Posted In Employee Benefits, Health and Welfare Plans, Retirement Plans
Recently the Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2019. The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for...
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Paving the Way for More HRAs
By Jacob Mattinson and Megan Mardy on Nov 1, 2018
Posted In Employee Benefits, Health and Welfare Plans
President Trump signed an executive order last year directing the Secretaries of Labor, Treasury and Health and Human Services to consider proposing regulations to “increase the usability of HRAs.” This month, the collective departments issued proposed regulations containing changes to the prohibition on pairing HRAs with individual health policies, as well as other changes to...
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All Together Now: DOL Finalizes Rule for Association Health Plans
By Jacob Mattinson and Megan Mardy on Jun 26, 2018
Posted In Employee Benefits, Health and Welfare Plans
The US Department of Labor published a final rule that makes it easier for a group or association of employers to act as a single “employer” sponsor of an Association Health Plan under ERISA. By creating an opportunity for small employers and self-employed individuals to take advantage of the economies of scale that are usually...
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Fridays with Benefits Webinar | Mental Health Parity and Compliance Complexities
By Jacob Mattinson on May 24, 2018
Posted In Employee Benefits, Health and Welfare Plans
New proposed guidance on mental health parity issued last month spotlights the complexities of these rules. Join us for out next Fridays with Benefits webinar on June 1 as Jacob M. Mattinson and Judith Wethall discuss the impact these rules will have on group health plans and how to determine if your plan complies. Find...
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IRS Announces Limits for Health Savings Accounts and High-Deductible Health Plans for 2019
By Jacob Mattinson, Megan Mardy and McDermott Will & Emery on May 17, 2018
Posted In Employee Benefits, Employment, Fiduciary and Investment Issues, Health and Welfare Plans
On May 10, 2018, the IRS announced cost-of-living adjustments to the applicable dollar limits for health savings accounts and high-deductible health plans for 2019. Many of the limits will change for 2019. Access the full article.
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IRS Announces HSA Contribution Limit Increase for 2018
By Jacob Mattinson, Megan Mardy and McDermott Will & Emery on May 1, 2018
Posted In Employee Benefits, Health and Welfare Plans
On April 26, 2018, the Internal Revenue Service (IRS) increased the 2018 maximum deductible Health Savings Account (HSA) contribution for taxpayers with family coverage under a High Deductible Health Plan (HDHP) to $6,900. The $6,900 contribution limit for 2018 was originally published in Revenue Procedure 2017-37, but was reduced earlier this year by $50 to...
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The Budget Act Makes Some Surprising Changes to Benefit Plans
By Jacob Mattinson, McDermott Will & Emery and Sarah L. Engle on Mar 6, 2018
Posted In Employee Benefits, Employee Stock Ownership Plans (ESOPs), Retirement Plans
On February 9, 2018, President Trump signed a bipartisan budget deal into law, effectively extending federal funding through March 23, 2018. The act includes multiple provisions affecting employee benefit plans, including relaxed hardship withdrawal rules and relief for individuals affected by the California wildfires. Continue Reading.
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