News-to-Use

Health Care FSA Basics

Health FSA Basics
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Question of the Week

Q.- We want to provide a former employee subsidized COBRA coverage. We will pay his premium for two months. His COBRA start date is 12/1/2021. May we provide this ...
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Dependent Day Care Flexible Spending Account Plans

Dependent Day Care Flexible Spending Account Plans allow employees to pay unreimbursed dependent day care expenses with pre-tax payroll reductions.
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Question of the Week

Q.- We have an employee who expects to be divorced soon, but not until after the new year. Our open enrollment is happening now and new coverage starts January 1. Our ...
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Federal Contractors Must Certify Affirmative Action Plans

Starting in 2022, federal contractors who must maintain an affirmative action program (AAP) will be required to certify to the government compliance with their annual ...
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Question of the Week

Q.- I have a lot of money left in my health FSA and the plan year ends this month. Are there any items I can purchase that don’t need a prescription?
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Health Savings Accounts and High Deductible Health Plans

More and more employers are offering employees a High Deductible Health Plan (HDHP) medical plan option, with or without a health savings account. Employees may have ...
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1095-B/C Form Distribution Due Date Extended

Forms 1095-B and C for 2021 must be furnished to full-time employees and covered individuals by January 31, 2022. In all prior reporting years, the IRS extended this due ...
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Withholding Overview

The IRS encourages individuals to review their tax withholding during the last quarter of 2021. Employees can use the IRS’ Tax Withholding Estimator tool to see if they ...
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Fiduciary Responsibilities for Employers

The U.S. Department of Labor has a publication for employers explaining the fiduciary obligations that come with sponsoring an employee group health plan. The booklet, ...
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