Employers sponsoring group health plans must understand and comply with new requirements imposed by the Consolidated Appropriations Act. On the plus side, the new compliance requirements can provide sponsors with valuable insights into the operation of their group health plans. To avoid potential liabilities, however, sponsors should act proactively to
Articles Discussing General Topics In Employee Benefits.
As We Turn to a New Year, What Leave Benefits Are Employers Offering in 2024? Mental Health Benefits Top the List
Do you, by chance, offer your employees “Paw-ternity” leave?
More seriously, how about NICU leave?
With the ever-increasing reality that the federal government will offer no lifeline to streamline the ever-growing list of states mandating employee paid leave, employers have decided to take the lead, leading to a new wave
Advantages and Disadvantages of Offering a Level-Funded Group Health Plan
Compliance Corner: A Primer on Health Reimbursement Arrangements
Mental Health Benefits: 2023 Year-End Update
The Year Ahead 2024: Employee Benefits
Welcome to We get work™ and The Year Ahead 2024 podcast series.
CMS Allows for the Coverage of Marriage and Family Therapists and Mental Health Counselors Services
Agencies Release Information Copies of the 2023 Form 5500 Series
Paying Employees to Opt Out of Health Insurance or Other Benefits: Problems and Potential Solutions
EntertainHR: Gone Too Soon – Matthew Perry’s Tragic Loss and the Importance of Employee Assistance Programs
Beloved Actor, Matthew Perry, perhaps most famously known for his iconic role as Chandler Bing on the long-running NBC television sitcom, “Friends,” recently passed away on October 28, 2023, at age 54 in his home in Pacific Palisades, California. According to law enforcement sources, the well-known actor, comedian, and producer,
Options for Menopause Benefits for Employees
Employers often target benefit offerings to specific groups of workers—think dependent care accounts or student loan repayment matching contributions—so maybe it was inevitable.
What Is Earned Wage Access for Employees?
Earned wage access (EWA) is a term often heard among employers in the retail and hospitality industries. EWA may be referred to as instant pay, earned income, early wage access, accrued wage access, or on-demand pay.
IRS Places Moratorium on New Employee Retention Tax Credit Processing
On September 14, 2023, the Internal Revenue Service (IRS) released Employee Retention Credit (ERC) guidance placing a moratorium on processing new ERC claims due to a surge in questionable claim submissions.
Not So Fast . . . IRS Delays Processing of Employee Retention Tax Credit Claims and Warns Employers to Proceed with Caution
The Internal Revenue Service announced on September 14 that it was “increasingly alarmed” about potentially abusive submissions for tax credits under the Employee Retention Credit (ERC), which is a tax credit passed in conjunction with relief promulgated under the CARES Act. Citing a backlog in reviewing current claims and warning about aggressive promoters pushing employers to take questionable tax positions, the IRS announced an aggressive crackdown on enforcement under the ERC program. The IRS guidance also provides for a longer processing time for current submissions as well as relief programs for ineligible employers that applied for the credit.
Catching Up With the Times—IRS Issues Guidance Delaying Required Roth Catch-up Contributions
To the relief of plan sponsors everywhere, the Internal Revenue Service (IRS) recently issued Notice 2023-62, which provides guidance on the requirements of Section 603 of the SECURE Act 2.0 of 2022 relating to catch-up contributions. Specifically, Section 603 otherwise requires that catch-up contributions for certain highly compensated individuals be