Benefits Law

Normally you must amend your 401(k) plan before plan amendments become operative. The IRS is extending the time for 401(k) plans to make remedial amendments related to the 2019 Setting Every Community Up for Retirement Enhancement Act from plan years ending in 2022, to Dec. 31, 2025, regardless of the plan year.
Final regulations scheduled to be published in tomorrow’s Federal Register and effective for taxable years beginning after Dec. 31, 2022, allow family members to go into the marketplace and buy subsidized health insurance without you incurring a free-rider penalty if your family coverage isn’t affordable or doesn’t provide minimum value.
Some employers using the Affordable Care Act’s W-2, Box 1 safe harbor for Form 1095-C, Line 16 reporting are running into unnecessary trouble with the IRS and making themselves penalty bait.
New info from HHS, DOL and Treasury on the balance billing provisions of the No Surprises Act
Employees have been through a lot over the last couple of years and the strain is showing. More say they want robust mental health benefits, including medical time off. With open enrollment coming, now is a good time to take a look at the mental health benefits your group plan offers.
Under the Affordable Care Act, you must offer full-time employees and their kids affordable, minimum value group health insurance or pay a free-rider penalty. But proposed regulations would allow employees’ family members to buy subsidized health insurance through the marketplace if your group plan offered unaffordable family coverage.
Working through the intricacies of cryptocompensation, bit by Bitcoin.
Who knows your business better than someone who’s worked for you before? Rehiring employees, however, comes with some caveats under the Affordable Care Act, depending on how long they’ve been off the payroll.
Proposed regulations would address an Affordable Care Act loophole—and could affect your compliance with the law.
Employees who have high-deductible group plans and who also make pretax contributions into health savings accounts have some payroll and benefits decisions to make. You can help.