News-to-Use

2021 Form 5500 Series Released

The U.S. Department of Labor, IRS and Pension Benefit Guaranty Corporation released the 2021 Form 5500 Annual Return and associated instructions. Pension benefit plans ...
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Tax Guide for Fringe Benefits

The IRS updated Publication 15-B: Employer’s Tax Guide to Fringe Benefits. This publication contains important information for employers on the employment tax treatment ...
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Question of the Week

Q.- Do we have to give open enrollment information to individuals still in their COBRA election period? They have been offered COBRA but did not enroll in coverage. A.- ...
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Form W-2 And Health Care Reporting

The Affordable Care Act requires employers are required to inform employees about the cost of employer-sponsored group health plan coverage. The aggregate value to ...
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Benefit Statement Information

MyEnroll360 includes a Benefit Statement module that is helpful for monitoring plan enrollment. The Benefit Statement module displays statements for each plan year of ...
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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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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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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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