The IRS recently announced limited relief from some of the 2020 ACA reporting requirements (IRC Sections 6055 and 6056). Specifically, the relief has to do with the 1095-B and 1095-C forms, which relate to reporting individuals’ coverage. Here are the changes employers need to note:First, the..
Employers must send Medicare Part D notices to all Medicare-eligible individuals before October 15, 2020, regardless of the employer's size or when the plan year starts.
The Wisconsin Department of Workforce Development (DWD) recently announced that employers may qualify for relief of unemployment benefit charging for employees who were partially or totally laid off due to the public health emergency declared by Executive Order 72.
For the last 30 years or so, companies have been trying to find unique benefits and perks that will help them hire and retain a strong workforce. We’ve seen ping pong tables, nap rooms, on-site cafeterias, on-site daycare, concierge service, fitness centers, popcorn machines, beer - the list..
This video offers employers three tips for a successful virtual open enrollment.
Keeping track of what is required and what is optional for flexible spending account plans can get confusing. This chart pulls everything together. When deciding whether you want to allow any of the optional items, keep in mind that you’ll need to work with your third party administrator to..
As employers contemplate how to design a reduction in workforce, many are considering how additional unemployment compensation payments will impact workers.
Our membership in BAN (Benefit Advisors Network) provides an opportunity to network with great companies across the country. Another BAN member, Tuition.io prepared a summary explanation of two under-reported benefits included in the CARES Act.