Extended Deadlines for 2020 ACA Forms

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..

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Medicare Part D Creditable Coverage Notices must be sent before Oct 15th

Author: HJI | BSG

Category: Employee Benefits

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.

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10 Good Minutes: Telehealth

The utilization of telehealth has surged over the last 6 months. Is it here to stay? 

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Unemployment Insurance Benefit Charge Relief Opportunity

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.

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10 Perks That Appeal to Remote Workers

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..

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3 Tips for a Successful Virtual Open Enrollment – Video

This video offers employers three tips for a successful virtual open enrollment.

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Chart of Flex Plan Changes

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..

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How to Determine Eligibility for $600 CARES Unemployment Benefit

As employers contemplate how to design a reduction in workforce, many are considering how additional unemployment compensation payments will impact workers.

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CARES Act Impact to Employees with Student Loans

Our membership in BAN (Benefit Advisors Network) provides an opportunity to network with great companies across the country. Another BAN member, prepared a summary explanation of two under-reported benefits included in the CARES Act.

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Q&A: The Employee Retention Tax Credit

The Coronavirus Aid, Relief and Economic Security (CARES) Act provides for a refundable payroll tax credit of 50 percent of qualifying wages paid by eligible non-governmental employers during the COVID-19 crisis.

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