Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
H&W IRS Extends Deadline to Provide 2017 1095-B and 1095-C Employee Statements
On December 22, the IRS announced that it had extended the 2018 due date for certain entities to provide 2017 health coverage information forms to individuals. Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March
H&W IRS Letter 226J: ACA “Play or Pay Penalties” Loom
With another year soon drawing to a close, we have two years of employer shared responsibility reporting, aka 1094/1095 filings, under our belt. As a reminder, the employer shared responsibility mandates of the Affordable Care Act generally apply to employers
401(k) 2018 Inflation Adjustments
The IRS has provided 2018 inflation adjustments that could impact certain dollar limits that apply to 401(k) plans. An overview of the guidance on the 2018 401(k) plan limits is provided below. Limits on Participant Contributions: The maximum contribution limit has been
H&W 2018 Health FSA Contribution Limit
The IRS has released Revenue Procedure 17-58 which presents the 2018 cost-of-living adjustments for several tax-related limits including those for the health flexible spending arrangements ("Health FSA"). For taxable years beginning in 2018, the dollar limitation on voluntary employee salary reductions for