2.5 minute read
Employers may face challenges in attracting and retaining talent in 2025. Despite a decrease in employee quits in 2024, EY reports that 38% of employees might leave their jobs next...
2.5 minute read
Employers may face challenges in attracting and retaining talent in 2025. Despite a decrease in employee quits in 2024, EY reports that 38% of employees might leave their jobs next...
1 minute read
As the year draws to a close, it’s important for employers to keep compliance requirements for their employee benefit plans at the forefront. To ensure a smooth transition into 2025,...
3 minute read
Voting will take place for the 2024 presidential election on November 5th. The new administration could bring major changes to health care and employee benefits. Control of the U.S....
1 minute read
IRS Revenue Procedure 2024-40 updates penalties for non-compliance with Affordable Care Act’s (ACA) requirements under Code Sections 6055 and 6056, affecting 2025 returns and 2026...
1 minute read
On October 17, 2024, the IRS released Notice 2024-75 (the Notice), expanding preventive care benefits under high deductible health plans (HDHPs) without or with reduced deductibles. The...
1.5 minute read
On October 22, 2024, the IRS announced a new limit for 2025 on pre-tax contributions to health flexible spending accounts (FSAs). FSAs, raising it to $3,300, up $100 from 2024's limit.
1 minute read
The 2024 Best Practices in Healthcare Survey by WTW reveals that rising healthcare costs are prompting over 51% of U.S. employers to redesign plans for affordability, focusing on new...
1.5 minute read
The IRS has issued a private letter ruling (No. 202434006) that approves an employer's program allowing employees to allocate employer contributions to various benefits. A Private...
1 minute read
Starting in 2020, the Consolidated Appropriations Act, 2021 (CAA) bans health plans and insurers from using gag clauses in contracts that limit sharing information on provider prices...
1 minute read
The Centers for Medicare and Medicaid Services (CMS) recently released the maximum Affordable Care Act (ACA) cost-sharing limits for 2026. The new limits will be $10,150 for self-only...