Archive by category: Benefits in GeneralReturn
RSS
The answer will be different depending upon if the employee has a cafeteria plan with run out, grace period or rollover. The employee is not eligible for an HSA if he/she has disqualifying coverage.
Read More
Categories: Benefits in General, Compliance | Tags: HSA , Health Care FSA , Limited Health Care FSA , Health Savings Account Eligibility , Grace Period , Run out period , Rollover
As we ring in 2019, calendar year cafeteria plan have also started the new 2019 plan year. Employers might be wondering whether it is really too late to allow employees to make changes to or even revoke their flexible spending account (FSA) elections, especially if it is prior to the first payroll for the new plan year.
Read More
Categories: Benefits in General, Compliance | Tags: FSA , Permitted Election Change , Irrevocable , Plan Year
The IRS issued Notice 2019-02, announcing the optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Medical , Mileage , 2019 limits , Medical Mileage , Business Mileage , Moving Mileage , IRS , IRS Notice 2019-02 , Charitable Mileage
Today the IRS officially announced under Revenue Procedure 2018-57, the 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules, and other tax changes. Included in the announcement is the inflation adjusted 2019 limits for Health Care flexible spending accounts (FSA) under an IRC Section 125 cafeteria plan and the Parking and Transit account limits under and IRC Section 132 Transportation Plan.
Read More
Categories: Benefits in General, Health Care Reform, Compliance, Health Care in General | Tags: Revenue Procedure 2018-57 , Health FSA Limit 2019 , Transportation Plan Limits 2019

IRS Announces 2019 Pension Plan Limits

posted on
Today, the IRS released Notice 2018-83, announcing the cost of living adjustments for pension plans and other retirement related items for the tax year 2019. Some of the more notable changes include...
Read More
Categories: Benefits in General, Compliance | Tags: IRS , Pension Plans , 2019 Limits , IRS Notice 2018-83 , Highly compensated employee , Key Employee , Nondiscrimination Testing , IRA , 401k , 457 , 403(b) , Roth IRA

Proposed Rule Will Expand HRA Options In 2020

posted on
The proposed HRA rules released last week, would generally retain the current types of permitted HRAs (integrated HRAs, HRAs restricted to excepted benefits like dental and vision expenses, and retiree-only HRAs); Qualified Small Employer Health Reimbursement Arrangements (QSEHRA) and also will eventually allow two new types of HRAs effective January 1, 2020.
Read More
Categories: Benefits in General, Health Care Reform, Compliance | Tags: HRA , QSEHRA , Premium Reimbursement Account , PRHRA , Excepted Benefit HRA , IRS , DOL , ECFC

Dependent Care FSA Considerations at Open Enrollment

posted on
Why should you consider the Dependent Care FSA at Open Enrollment this year. We will review some key concepts and outline the advantages that the Dependent Care FSA can provide.
Read More
Categories: Benefits in General, Compliance | Tags: Dependent Care FSA , Flexible Spending Account , Dependent Care Tax Credit , DCTC , Form 2441

Advantages of Stacking Limited Health FSA with HSAs

posted on
Some may think that enrolling in a Health Savings Account (HSA) means that you no longer can or need to participate in a Health Care flexible spending account (FSA) and that is not necessarily true in all circumstances.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Limited Health Care FSA , HSA , Health Savings Accounts , FSA

Department of Labor Republishes FMLA Forms

posted on
The Department of Labor (DOL) has republished certain FMLA forms with a new expiration date.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: FMLA , Serious Health Condition , FMLA Model Forms
The IRS has released a new version of Form 5558 used to apply for an extension on Form 5500, Form 5500-SF, Form 5500-EZ, and Form 8955-SSA.
Read More
Categories: Benefits in General, Compliance | Tags: IRS , Form 5500 , Form 5558 , Extension
Page 1 of 21FirstPrevious[1]2345NextLast