This month’s Benefits Buzz discusses the upcoming Affordable Care Act reporting deadlines and the removal of the wellness plan incentive limits.
Sponsored by True Network Advisors. Presented by Maynard, Cooper, Gayle. This recorded webinar covers:
ACA reporting under Section 6055 and Section 6056 for the 2018 calendar year is due in early 2019. Although the IRS extended the deadline for furnishing statements to individuals for 2018, the deadline for filing returns with the IRS remains the same. This ACA Bulletin outlines the deadlines for ACA reporting for the 2018 calendar year.
Benefits Bulletin is a quarterly newsletter that covers hot benefit topics in depth. This issue includes information about pay or play enforcement, 2019 benefit plan limits, repeal and replace efforts, and adjusted PCORI fee amounts. Note: This document has been updated to reflect the Dec. 14 federal court ruling in the Texas v. United States lawsuit.
This month’s Benefits Buzz discusses the 2016 pay or play enforcement and provides an overview of the health flexible spending account contribution limit increase for 2019.
On Dec. 14, 2018, a federal judge ruled in Texas v. United States that the entire ACA is invalid due to the elimination of the individual mandate penalty in 2019. The decision was not stayed, but the White House announced that the ACA will remain in place pending appeal. This ACA Compliance Bulletin provides an overview of the court's ruling and its impact on the current state of the ACA.
If certain requirements are met, Notice 2018-88 proposes that offering an individual coverage HRA would generally:
The IRS began issuing Letter 226-J to ALEs in late 2018 to propose and assess employer shared responsibility penalty liability for the 2016 calendar year.
Several ACA requirements will be affected by changes that take effect in 2019, such as increased dollar limits and affordability percentages. To prepare for 2019, employers should review upcoming requirements and develop a compliance strategy. This ACA Overview provides an ACA compliance checklist for 2019.
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From compliance questions to "what is this?" definitions, this library can help answer your benefits-related questions. Search by category.