Tag Archives: hr updates

DOL Increased Penalties Employee Benefit Violations

The U.S. Department of Labor (DOL) has increased the penalties employers face under ERISA for group health plan reporting and disclosure failures. These new amounts apply to penalties assessed after…

2019 Annual Employee Benefits Survey Released

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage including premiums, employee contributions, cost-sharing provisions, and employer opinions. The 2019 national survey included almost…

IRS Confirms ACA Penalties Still Apply

Recently, the Internal Revenue Service released an information letter regarding the Affordable Care Act’s employer shared responsibility (pay or play) penalties. The information letter is intended to clarify the applicability of the…

Final Rule Announced for 2020: HRAs that Reimburse Individual Health Premiums

Change to Take Effect for 2020 Plan Years A new final rule lets all employers offer health reimbursement arrangements (HRAs) to pay for employees’ individual health insurance policy premiums, if certain conditions…

2019 HSA Limits and Cost Sharing Limits Released

IRS Releases 2019 HSA and HDHP Limits HSA Contribution Limits Announced for 2019 The Internal Revenue Service (IRS) has announced the 2019 inflation-adjusted amounts for Health Savings Accounts (HSAs) as…

2018 HSA Contribution Limit Re-established at $6,900

Contribution Limit for Individuals with HDHP Family Coverage Previously Set at $6,850 The Internal Revenue Service (IRS) has re-established $6,900 as the 2018 health savings account (HSA) contribution limit for…

2017 US Employee Benefits Study

This annual Met Life survey of employers and employees highlights the demographic shifts that are disrupting the workplace and redefining employees’ workplace expectations. The 2017 survey included over 2,500 interviews…

IRS “Pay or Play” Penalty Letters Coming

Employers Will Have Opportunity to Respond Before Penalty Assessment The Internal Revenue Service (IRS) has announced that it will begin mailing employers letters informing them of their potential liability for…

Compliance Alert – Increased Tax Savings for 2018

  The Internal Revenue Service (IRS) has announced a number of inflation-adjusted tax items for 2018, some of which remain unchanged.   *Flexbile Spending Accounts (FSAs)  The annual dollar limit on employee…

2016 Employer Benefits Survey Released

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage including premiums, employee contributions, cost-sharing provisions, and employer opinions. The 2016 survey included almost 1,900…