Benefits

As we explained previously, funding for the Patient-Centered Outcomes Research Institute (PCORI) was supposed to end with filings and fees for plan years that began before October 1, 2019. In the words of the great philosopher Emily Litella, “Never mind.”

Starting in 2007, the Tax Relief and Health Care Act of 2006 (TRHCA) requires that the IRS release the upcoming year’s new HSA limits prior to June 1st. Thus, we now have the 2026 HSA limits.

The SECURE 2.0 Act adopted significant changes to how 401(k) and other qualified retirement savings plans must operate. We'll take a look at several highlights of this Act, and help employers determine which provisions they must implement and which are optional items they may want to consider.

When first starting out, many business owners decide to offer a retirement plan to themselves and their employees. While there are many (many!) options for doing so, one of the easiest to implement is a SIMPLE IRA. However, after a few years in business, these plans may not be enough.

The Affordable Care Act set affordability limits on group health plans. It also set significant penalties for failure to offer affordable plans. You need to use the new calculations to determine affordability of your plans.

When it seems like every letter of the alphabet has been thrown at you, we want to help you understand the similarities and differences between all of these different types of health care accounts available to employers to offer to their employees.

Apparently, when Christmas and Chanukah fall on the same day, Congress and the President believe a gift to employers is in order.

Two bills were signed into law on December 23, 2024. These two Acts change the requirements for distributing IRS Form 1095s to all employees, and much more.

Your retirement plan offering is a valuable tool for recruiting and retaining talent, as well as helping your employees prepare for their retirement.  But, what if something were to happen to him or her before they could enjoy the savings they’ve worked so hard for?

Employers that offer High Deductible Health Plans (HDHPs) that provide telehealth benefits before the participant meets their annual deductible may need to amend their plan prior to their plan's year-end. The reason for this is that...

In an era where attracting and retaining employees is paramount to an organization’s success, a Lifestyle Spending Account (LSA) is a valuable addition to employee benefits. LSAs can significantly boost employee engagement by providing flexibility and control over their benefits.

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.

The IRS has released the 2025 ACA affordability percentage. Applicable Large Employers (ALEs) are subject to the affordability rules of the ACA. ALEs are defined as those employers who have 50 or more full-time equivalents during the appropriate Measurement Period.