News-to-Use

Question of the Week

Q.- We know there are new COBRA notice rules. We didn’t feel like paying our vendor to send the new notices. Will we be subject to any penalty if we just didn’t comply?
READ MORE

Department of Labor Retirement Plan Security Guidance

The U.S. Department of Labor issued guidance addressing the cybersecurity practices of retirement plan sponsors, service providers and plan participants. The guidance is ...
READ MORE

Second Chance Election for Some COBRA Continuants

Employers subject to federal COBRA had to give certain qualified beneficiaries a second chance to elect COBRA continuation coverage. Individuals whose qualifying event ...
READ MORE

Affiliated Companies and ACA

Simplify ACA Reporting with Our Affordable and Accurate Solution For pricing and more information, click here. Applicable Large Employers (ALE) with 50 or more full-time ...
READ MORE

Question of the Week

Q.- Our plan is not subject to federal COBRA and is not subject to state continuation coverage. We just voluntarily provide continuation coverage to terminated ...
READ MORE

Additional Details on the Involuntary Termination Definition

IRS Notice 2021-31 provides details on what is considered an “involuntary” termination for COBRA subsidy purposes.
READ MORE

News from the IRS: 2021 Draft 1095 Forms Released

The IRS released its draft forms for 2021 ACA reporting.
READ MORE

Change to Independent Contractor Rule

The U.S. Department of Labor withdrew the changes to the definition of independent contractor implemented during the prior administration. The Independent Contractor ...
READ MORE

COBRA Premium Subsidy Tax Credit

The American Rescue Plan Act (ARP) provides a COBRA premium subsidy for certain individuals whose qualifying event was a reduction in hours or involuntary termination of ...
READ MORE

Question of the Week

Q.- Our company’s finances are tight and we don’t want to pay to send the new required COBRA premium subsidy notices. What will happen if we just don’t send them?
READ MORE