Month: October 2020

This is a very difficult question, since neither the IRS nor the DOL has addressed it directly.

Posted on October 30, 2020 By Gary B. Kushner, SPHR, CBP, President and CEO
Categories: 
Blog, 
COBRA, 
COVID-19

The IRS has now released all of the 2021 benefit limits. Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits.

Posted on October 26, 2020 By Gary B. Kushner, SPHR, CBP, President and CEO
Categories: 
401(k), 
Administration, 
Benefits, 
Blog, 
Defined Contribution Plan, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Retirement Plans

On October 2, 2020, citing employers’ and insurers’ need for additional time to provide individuals with the Form 1095-Bs and 1095-Cs, the IRS issued Notice 2020-76 extending the deadline from January 31, 2021 to March 2, 2021 to provide those forms.

Posted on October 2, 2020 By Gary B. Kushner, SPHR, CBP, President and CEO
Categories: 
Administration, 
Blog, 
ERISA-ACA Compliance, 
HR Compliance

Employers that offer prescription drug benefits are required to provide an annual notice to all Medicare-eligible plan participants and qualified beneficiaries before October 15th of each year, the start of the Medicare open enrollment period. Most send it to all participants.

Posted on October 2, 2020 By Gary B. Kushner, SPHR, CBP, President and CEO
Categories: 
Benefits, 
Blog, 
ERISA-ACA Compliance, 
HR Compliance, 
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