Bulletins

    Congress passes Families First Coronavirus Response Act

    In response to the coronavirus (COVID-19) outbreak, President Donald Trump signed into law the Families First Coronavirus Response Act, a package of provisions providing relief to workers and families. The law, which took effect April 1, provides paid sick leave, free coronavirus testing, enhanced...

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    IRS announces 2020 contribution limits

    The IRS issued new contribution limits for 2020 tax-advantaged accounts. The limits, adjusted for inflation annually, are effective January 1, 2020. Limits for cafeteria plans were adjusted slightly.

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    IRS sets HSA, FSA and 401(k) Limits

    HSA, FSA and 401(k) limits increased for individuals and families

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    Social Security payroll tax hike to impact high earners next year

    More than 60 million individuals receive benefits from Social Security, but where  does the money to fund the program come from? Namely, payroll taxes. The way it works is pretty simple. Employees have 6.2% of their paychecks withheld to cover their Social Security tax obligations. Employers pay...

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    U.S. Department of Labor releases new FMLA forms

    The U.S. Department of Labor (DOL) has released updated versions of its model Family and Medical Leave Act (FMLA) certification and notice  forms. The new expiration date is  August 31, 2021.

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    Creditable Coverage notice required annually

    Deadline for distribution is October 15; second disclosure deadline linked to plan year

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    IRS sets 2018 limits for FSA, HSA, 401(k)

    The IRS announced the 2018 contribution limits for multiple tax provisions, including cost-of-living adjustments for Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs) and pension plan and 401(k) accounts. The limits for each have been increased to deliver greater tax-saving relief...

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    Creditable Coverage notice is annual CMS requirement

    Deadline for distribution is October 15; second disclosure deadline linked to plan year

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    IRS announces 2018 HSA contribution limits

    The IRS announced the 2018 health savings account (HSA) maximum contribution limits detailed in the newly released Revenue Procedure 2017-37The annual limit on contributions will increase by $50 for individuals and $150 for families.

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    EEOC issues sample wellness notice

    For employer sponsored wellness programs, the Equal Employment Opportunity Commission (EEOC) has posted a sample notice to help companies comply with their obligations under a recently issued Americans with Disabilities Act (ADA) rule.

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