Employers may offer their employees qualified transportation benefits as a tax-free fringe benefit under Section 132(f) of the Internal Revenue Code. Eligible expenses include qualified parking, transit passes and vanpooling. This Compliance Overview summarizes the rules for qualified transportation benefit plans, including the maximum benefit limits for 2019.
For Employers with Employees in Seattle
The Seattle City Council passed an ordinance requiring employers to offer a Qualified Transportation Plan. Regardless of where you are based, if you have employees working in Seattle, you need to read this from our friends at Sound Benefit Administration:
Have employees in Seattle? What employers need to know about the new Transit Benefits Ordinance.
This Compliance Overview provides general information about the requirements for the COBRA General Notice.
Many employee benefits laws apply to all group health plans, regardless of the size of the sponsoring employer. However, there are some compliance exceptions for group health coverage provided by small employers. For this purpose, a small employer is one with 50 or fewer employees. This Compliance Overview provides an employee benefits compliance checklist for small employers.
Administrators of MEWAs (including association health plans) that offer medical benefits must electronically file the Form M-1 with the Department of Labor annually and in connection with certain events. This Compliance Overview summarizes the Form M-1 filing requirement for MEWAs.
Employers must comply with numerous reporting and disclosure requirements throughout the year in connection with their group health plans. This Compliance Overview explains key 2019 compliance deadlines for employer-sponsored group health plans. It also outlines group health plan notices that employers must provide annually.
Many employee benefits are subject to annual dollar limits that are periodically updated for inflation, such as HSAs, health FSAs and transportation fringe benefit plans. This Compliance Overview includes a chart of the inflation-adjusted limits for 2019.
How to use this Library
From compliance questions to "what is this?" definitions, this library can help answer your benefits-related questions. Search by category.