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Employee Benefits In A COVID-19 World

Everything about COVID-19 has changed the way we live, work, and play. As we adapt and adjust to our “new norm,” we now have an opportunity. Since March, many state laws and federal laws have changed; as things continue to be confusing, there are few topics and ways that many employers, HR leaders, brokers, and administrators can agree on.

August 18, 2020

Education, News & Updates

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3 Tips to Help You Navigate Open Enrollment in Your ‘New Normal’

With all the changes going on in workplaces across the country since COVID-19, your insurance and benefits needs might have changed, too. by: Vishal Jain September 15, 2020 Getty Images Like many Americans, you’ve probably seen your finances impacted by the COVID-19 pandemic. Maybe you were one of the 40 million-plus people who found themselves or […]

November 6, 2020

Uncategorized

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IRS Updates Limits for 2021

The IRS Released Revenue Procedure 2020-45 late last night announcing the limits for 2021. Most limits for tax-advantaged accounts remained the same for the upcoming year. The HSA Limits and HDHP Limits were announced earlier this year in Revenue Procedure 2020-32. Each updates are set forth below: 2021 2020 HealthCare FSA $2,750 $2,750 Dependent Care […]

October 27, 2020

IRS Update

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COBRA Relief Rule

    The following is information regarding the changes in COBRA Coverage. To see a detailed version please click the following link. https://www.govinfo.gov/content/pkg/FR-2020-05-04/pdf/2020-09399.pdf III. Relief A. Relief for Plan Participants, Beneficiaries, Qualified Beneficiaries, and Claimants Subject to the statutory duration limitation in ERISA section 518 and Code section 7508A,[7] all group health plans, disability and […]

May 20, 2020

News & Updates

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IRS Changes To Cafeteria Plan Sec. 125

On May 12, 2020, the Internal Revenue Service (IRS) issued two notices that impact benefits that fall under an employer’s Section 125 Benefits. Below are some key points to know about these notices. Plan Amendments All the relief items issued in IRS Notices 2020-29 and/or 2020-33 do not have to be implemented by an employer […]

May 15, 2020

IRS Update, News & Updates

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