Categorized as: Blog

Improve Your 2018 Compliance Outlook with These 13 Lucky Tips & Insights

Webinar: Improve Your 2018 Compliance Outlook with These 13 Lucky Tips & Insights When: Thursday April 26th Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! 13 is your lucky number! Join AP Benefit Advisors’ General Counsel and VP of Compliance, Patrick Haynes, for this complimentary, one-hour webinar as he counts down these 13 lucky tips and insights to improve your 2018 compliance outlook: ACA – Limits (OOPMax Changes 2018 vs. 2019, Affordability Changes 2018 vs. 2019) ACA – Cadillac Tax EEOC – Wellness Litigation (AARP vs. EEOC) HCR – AHPs (Association Health…

Onboarding: The Day that Matters Most for Retention and Engagement

Webinar: Onboarding: The Day that Matters Most for Retention and Engagement When: Wednesday March 21st Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Please join AssuredPartners and change communication expert Kip Soteres for an HRCI* and SHRM** pre-approved webinar addressing how your onboarding process can improve employee retention and appreciation for your company and its benefits beginning on Day 1. Employees recruited into your company have often been shown the best and brightest face — they are likely excited to be starting a new job and have been sold on the best features…

Win-Win: Better benefits benefit employers, employees

By Martin Daks, March 12, 2018 at 9:50 AM | Article Originally Published in NJ Biz 3-12-18 Edition (source) Innovations to employee-benefit packages come in all shapes and sizes, and sometimes a simple tweak can produce ample returns. Last year, the Mt. Arlington-based CPA firm Nisivoccia & Co. began offering free snacks and beverages for its 100-plus employees. “We used to do it only during tax season, but now we offer them all year round,” said Stephen Van Houten, director of human resources at the 100-plus employee firm. Not a big move? Perhaps, but consider that an estimated 10,000 baby boomers are retiring from…

IRS Reduces HSA Family Contribution Limit for 2018

The IRS announced yesterday, as part of IRB 2018-10, a revised HSA family contribution limit for 2018. This revision comes as part of the tax reform legislation passed earlier this year. The revised HSA contribution limit for individuals enrolled in family HDHP coverage has been reduced for 2018 and is now $6,850, as opposed to the $6,900 family limit announced by the IRS last May. The contribution limit for those with self-only coverage was not affected and remains at $3,450. This change is retroactive to January 1, 2018 therefore previous contribution elections may need to be adjusted and/or excess contributions…

Sexual Harassment in the Workplace: Addressing and Eliminating this Inappropriate Behavior

Webinar: Sexual Harassment in the Workplace: Addressing and Eliminating this Inappropriate Behavior When: Thursday February 22nd Time: 2 pm EST Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Sexual harassment and abusive conduct not only create a hostile work environment, but cost employers billions each year in lawsuits, employee turnover and lost revenue. With the recent increased focus on workplace harassment, employers are encouraged to evaluate their management practices to ensure they implement and maintain appropriate measures for a harassment-free, safe work environment. Join AssuredPartners for this HRCI* and SHRM** pre-approved, complimentary, one-hour webinar as…

Annual Filing Reminders

As we head into the last few weeks of February, we want to take this opportunity to remind employers about the following upcoming annual filing deadlines: Annual Prescription Drug Notice Group health plans must notify the Centers for Medicare and Medicaid Services (CMS) each year regarding whether the group health plan’s prescription drug coverage offered to Medicare Part D-eligible individuals is “creditable” or “non-creditable”. This notice must be done electronically by completing the online registration and disclosure form on the CMS website. (View the form HERE.) CMS has also published, on its website, guidance regarding the notice and the information…

4th Quarter Newsletter of 2017

Below please find our Compliance Observer Newsletter for the final quarter of 2017. This newsletter contains information on many employee benefits compliance issues. The following articles, information, and important reminders are contained in this Newsletter: IRS Letter 226J Has Arrived ACA Reporting – Publication 5223 Solicitation of Social Security Numbers for ACA Reporting Advance Copies of Form 5500 for 2017 IRS Issues Detailed Guidance on QSEHRAs PCORI Fee Increase Expansion of Contraceptive Coverage Exemptions MLR Rebates Paid Sick Leave Laws Family Deductibles – What you Need to Know Compliance Observer Newsletter- 4th Quarter 2017

Wellness Plans: Best Practices and Easy Compliance Rules You Need to Know

Thursday, November 30th, we will be joined by Cary Seager and Kristin Meschler for our free monthly webinar beginning at 3 PM. The webinar has been pre-approved for HRCI & SHRM credits. This month will be focusing on best practice case studies for wellness plans from their work with clients varying in size and industry. Additionally, you will learn how to avoid legal landmines when developing an effective wellness program. Register Here 

Pay or Play Enforcement is Here

As we reported in our 2nd Quarter Newsletter, the IRS has indicated it would notify applicable large employers (ALEs) in 2017 of their potential penalties for failing to comply with the employer shared responsibility mandate for the 2015 calendar year. With the numerous attempts this year to repeal or replace the Affordable Care Act (ACA), ALEs may have thought ACA penalties would never come to fruition; unfortunately, that’s not the case. On Nov. 2, 2017, the Internal Revenue Service (IRS) updated its Questions and Answers (Q&As) on the employer shared responsibility rules under the ACA to include information on enforcement….

IRS Announces 2018 Contribution Limits for 401(k)s, FSAs, and More

The IRS has announced the 2018 cost-of-living adjustments (COLAs) with respect to retirement plan limits. Many limits, which are adjusted by reference to Code Sec. 415(d), are changed for 2018 since the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, others remain unchanged. Certain dollar limit changes keyed to Code Sec. 1(f)(3), some of which were previously calculated by Thomson Reuters Checkpoint editors, have also increased. IR 2017-177; Notice 2017-64, 2017-45 IRB. The following is a complete list of contribution changes:  401(k) Annual contribution limit – changes to your election can be made any…