The IRS recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for 2019. Although some of the limits will remain the same, many of the limits will increase for 2019. This Compliance Bulletin summarizes the 2019 limits for commonly offered employee benefits.
This month’s Benefits Buzz provides an overview of the ACA hardship exemption for 2018, discusses IRS letters being sent to noncompliant employers and teases the possibility of an overtime rule update starting next year. Update: the Did You Know section was revised for the adjusted overtime implementation timeline.
The proposed rule would allow HRAs to be integrated with individual insurance policies. The rule would also allow
employers to offer an excepted benefit HRA with traditional group coverage. Specific requirements would apply to both types of HRAs.
This month's Benefits Buzz discusses the guidance on association health plans issued by the IRS and Department of Labor, provides a reminder that Medicare Part D notices are due Oct. 15 and explains the repeal of the individual mandate penalty.
Wellness programs must be carefully structured to comply with both state and federal law. This article alerts employers of the potential legal risks associated with workplace wellness plans.
The IRS released final 2018 forms and instructions for ACA reporting under Code Sections 6055 and 6056. The 2018 forms and instructions are substantially similar to the 2017 versions. This ACA Compliance Bulletin provides an overview of the forms and instructions.
In this month's Benefits Buzz:
Presented by Maynard, Cooper, Gale and True Network Advisors. View the webinar here.
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