News-to-Use

FSA Reimbursements After Termination

A recent IRS information letter confirms that a participant should elect COBRA continuation coverage, if offered, to get reimbursed from a health FSA for expenses ...
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Opt-Out Payments and ACA Affordability

With calendar-year plan open enrollment season approaching, employers should consider the affordability of health coverage and how opt-out payments may impact the lowest ...
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IRS Webcast for Health Plan Sponsors

The IRS is holding a webcast addressing basic fiduciary responsibilities for operating a health plan. The webcast is intended for medium and small sized employers.
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Substantiation for FSA Debit Cards

A recent IRS Information letter confirms that a health flexible spending account program with a debit card feature must apply proper substantiation processes.
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COBRA End-of-Subsidy Notices Due Soon

The American Rescue Plan Act (ARPA) requires a 100% COBRA premium subsidy for certain individuals entitled to COBRA or state continuation coverage due to reduction of ...
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New Premium Subsidy COBRA Guidance

The IRS issued Notice 2021-46 providing additional direction on the COBRA premium subsidy required under the American Rescue Plan Act (ARPA). This guidance provides ...
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State of New Jersey Extends COBRA Premium Assistance

Last week, the New Jersey Department of Banking and Insurance (DOBI) released Bulletin No. 21-08 requiring plans following NJ state continuation to offer the American ...
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Mini-COBRA Premium Subsidy

The American Rescue Plan Act provides a 100% COBRA premium subsidy between April 1, 2021 and September 30, 2021 for certain individuals entitled to COBRA or state ...
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W-4 Tax Withholding Calculator

Employers should remind employees to check their withholding. Whether a new hire or an ongoing employee, completing Form W-4 properly is important for all members of the ...
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IRS Extends COVID-19 Leave Donation Programs

The IRS extended special tax relief for COVID-19 leave-based donation programs. An employer with a leave-based donation program allows its employees to give up their ...
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