Benefits Law

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.
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.
The Supreme Court’s January decision in Hughes v. Northwestern could usher in a flood of lawsuits claiming breach of fiduciary duty involving employer-sponsored retirement plans.
401(k) plans collect a lot of valuable personal information about employees. And under ERISA, you have a fiduciary duty to protect plan assets. But what exactly is a plan asset? Is employees’ personal information a plan asset? If it is, your third-party providers can’t profit from it. According to a federal trial court, employees’ data isn’t a plan asset.
Here’s something you should almost never do: Ask older employees when or whether they’re planning to retire. On the other hand, here’s something you can do if you need employees in a pinch: Tap the expertise of your retirees.