This recorded webinar is presented by Maynard, Cooper & Gale, P.C.
This Compliance Overview provides a general summary of federal and state marijuana laws and the court decisions that provide guidance for employers in this area.
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.
This month’s HR Brief discusses rising health care costs, flu prevention tips and the overtime rule listening sessions that were held in September 2018. Update: the Did You Know section was revised for the adjusted overtime implementation timeline.
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.
The ACA imposes a maximum dollar limit on employees' salary reduction contributions to a health FSA. Although the ACA set this limit at $2,500, the limit is indexed for cost-of-living adjustments each year. On Nov. 15, 2018, the IRS announced that, for taxable years beginning in 2019, the dollar limit on employees' salary reduction contributions to a health FSA will increase to $2,700. This ACA Compliance Bulletin explains the indexed health FSA limit for 2019.
On Nov. 5, 2018, the IRS published Notice 2018-85, which provides the adjusted PCORI fee amount for plan years ending on or after Oct. 1, 2018, and before Oct. 1, 2019 (that is, 2018 for calendar year plans). As this ACA Compliance Bulletin notes, for plan years ending on or after Oct. 1, 2018, and before Oct. 1, 2019, the PCORI fee amount is $2.45 multiplied by the average number of lives covered under the plan.
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.
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.