News-to-Use

W-2 Reporting for Health Coverage

As employers start the process of preparing W-2 data, remember that the Affordable Care Act requires some employers to inform employees about the cost of ...
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Form 5500 for 2022 Released

The U.S. Department of Labor, IRS and Pension Benefit Guaranty Corporation released the 2022 Form 5500 Annual Return and associated instructions. Pension benefit plans ...
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Question of the Week

Q.- An employee had a court order requiring him to cover his son under our health plan. The employee showed us a new court order that says he is no longer required to ...
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Employee Versus Independent Contractor

The Department of Labor is once again modifying the rules for determining if a worker is an employee or independent contractor under the Fair Labor Standards Act. A new ...
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Question of the Week

Q.- An employee is enrolled in single coverage in our HDHP and is contributing to an HSA. She elected to participate in our health flexible spending account plan because ...
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Question of the Week

Q.- A dependent aged off of our plan but we forgot to remove him from coverage. The insurer will not terminate him back to the date of his 26th birthday. Since he had ...
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Question of the Week

Q.- Do we need to keep track of hours for our summer workers for ACA purposes?
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PCORI Fee

Employers with self-funded health plans should have their PCORI fee payment ready by August 1.
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Question of the Week

Q.- We are putting a full-time employee on a temporary leave of absence. Do we have to continue his health coverage?
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Question of the Week

Q.- We just started offering a high deductible health plan with a health savings account. One of our employees wants to change the HSA election amount he made during ...
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