<span style="color: rgb(120, 92, 165); font-family: arial;"><b>401(k)</b></span> 401(k) plan inflation adjustments for 2014
The IRS has provided 401(k) plan inflation adjustments for 2014 that impacts certain dollar limits that apply to 401(k) plans for 2014. An overview of […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> 2014 Inflation Adjustments for Health and Welfare Plans
The Internal Revenue Service has announced various 2014 inflation adjustments for health and welfare plans. The items related to Health and Welfare benefit plans include […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Updated Health FSA Carryover and Cafeteria Plans
The IRS has updated health FSA carryover and cafeteria plans that impacts Section 125 Cafeteria Plans and health Flexible Spending Accounts (FSAs). An overview of this […]
<span style="color: rgb(120, 92, 165); font-family: arial;"><b>401(k)</b></span> 401(k): Same-Sex Marriage Guidance
401(k): Same-Sex Marriage Guidance–Key Section of DOMA Ruled Unconstitutional The Supreme Court recently struck down Section 3 of the Defense of Marriage Act (DOMA), which […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Correcting Overwithholding on Same-Gender Spouse Benefits
The IRS has issued guidance for employers and employees correcting overwithholding on same-gender spouse benefits for claims for refunds or adjustments of overpayments of Federal Insurance […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Recent ACA Guidance Recap
Several government agencies have recently issued clarifying regulations/FAQs and proposed rules. See below for a summary of this information. Small Business Health Care Tax Credit: The IRS […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> New IRS Q&A’s on PCORI Fee
Click here to view the posting. The questions they answer are shown below: Q1. What is the Patient-Centered Outcomes Research Trust Fund fee? Q2. When does the […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Delay of Employer Shared Responsibility Provisions
IRS Notice on Delay of Employer Shared Responsibility Provisions: On July 9, 2013, the IRS issued Notice 2013-45, which confirmed a prior announcement by the Administration delaying […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> PCORI Fees are Deductible Business Expenses
In a recent memorandum, the IRS concluded that health insurers and health plan sponsors can deduct the Patient Centered Outcomes Research Institute (PCORI) fees as […]