Knowledge Center

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October 09, 2023

ACA Affordability Percentage to Hit Lowest Historical Mark in 2024

On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 which indexes the contribution percentage to be used for determination of the affordability of an employer’s medical coverage unde...

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June 05, 2023

IRS Reminder: Without Proper FSA Substantiation, All (Tax-Favored) Bets Are Off

On April 28, 2023, the IRS Office of Chief Counsel issued Memorandum Number 202317020, which serves as “Chief Counsel Advice” concerning the requirement for health and dependent care flexi...

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May 28, 2020

COVID-19: Employee Benefits Resources

Several medical and ancillary carriers are waiving certain requirements to allow employees who were furloughed or given a reduction in hours the opportunity to remain active on their plan(s)...

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May 15, 2020

COVID-19: IRS Announces Increased Flexibility for Employer Sponsored Plans

The Internal Revenue Service (IRS) issued two notices to assist with the nation’s response to the 2019 Coronavirus outbreak. The first notice increases flexibility with respect to mid-year e...

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May 01, 2020

COVID-19: COBRA and HIPAA Deadlines Extended

The Department of Labor (DOL), in conjunction with the Treasury Department and the IRS, jointly issued a final rule extending several deadlines, allowing additional time for certain notices ...

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April 06, 2020

COVID-19: FFCRA Updates and the CARES Act Impact on Employee Benefits

Please note that obtaining relief under the FFCRA Program described in the below may preclude you from obtaining a loan and potentially having that loan forgiven under the Payroll Protection...

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July 20, 2015

PCORI Fees Due July 31, 2015

The Affordable Care Act (ACA) requires health insurance issuers and sponsors of self-insured health plans to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are r...

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