Here we are again! September is just around the corner, heralding the onset of fall, cooler temperatures, and preparation for open enrollment. Since the Affordable...
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Extensions for Short-Term, Limited-Duration Health Insurance
The Departments of Labor (DOL) and Health and Human Services (HHS), as well as the Internal Revenue Service (IRS), have jointly issued final regulations that...
New Health Plan Options for Small Businesses
Beginning as early as September 1, 2018, small businesses and self-employed business owners may have access to a slew of new healthcare options in the...
An HR Perspective on AARP v. EEOC and its Meaning to Wellness Plans
In AARP vs EEOC (D.D.C. 2017), a federal judge granted a motion filed by the American Association of Retired Persons (AARP) to vacate the Equal...
Employer Must Pay Tax and Penalties to IRS for Exceeding Retirement Plan Benefit Limits
On June 15, 2018, the Eighth Circuit Court of Appeals ruled in favor of the IRS in a matter that arose out of an IRS...
IRS: Updated Mileage Reimbursement Rates
The IRS recently issued Notice 2018-42, which reflects recent changes due to the Tax Cuts and Jobs Act. Please consider the guidance below to determine...
New IRS Limits for Health Savings and High Deductible Plans
The IRS recently released the 2019 cost-of-living adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs). HSA Contribution Limits: For calendar year...
Study: Millennials Best Prepared for Retirement
According to the J.D. Power 2018 Group Retirement Satisfaction Study released May 24, 2018, Millennials are the most likely of all the demographic groups to...
HSA Limits Revert to Previous Levels
On March 2, 2018, it was announced that the Health Savings Account (HSA) limit for family plans would be reduced by $50 to $6,850, from...
Alert! IRS Reduces HSA Maximum Contribution
In the recently issued Internal Revenue Bulletin No. 2018-10, the Internal Revenue Service (IRS) announced that it is reducing the maximum, permissible employee contribution to...