Compliance ✔- 2022 Limits: ACA OOP Max and HSA/HDHP
The Affordable Care Act (ACA) requires non-grandfathered plans to comply with an out-of-pocket maximum on essential health benefits (EHB). The out-of-pocket maximum is updated annually based on the percent increase in average premiums per person for health insurance...
Compliance ✔- FFCRA (& Vaccination) Leave Tax Credits
The IRS has released new resources explaining the tax credits available for employers who opt to provide paid family leave and paid sick leave under the Families First Coronavirus Response Act (FFCRA) and the American Rescue Plan Act (ARPA) through Sept. 30, 2021. The...
Compliance ✔- American Rescue Plan Act’s (ARPA) Benefits Provisions
On March 11, 2021, President Biden signed a new COVID-19 stimulus bill into law — the American Rescue Plan Act of 2021 (ARPA) containing important employee benefits provisions, summarized below. See bulletins below for details about COBRA, Dependent Care FSA and...