Recruiting and Retaining Millennial Workers
As baby boomers continue to retire, many vacancies in your work force will be filled by the next generation: millennial workers. Current estimates forecast that millennial workers will comprise 50 percent of the labor force by 2020 and 75 percent by 2025. There is no...
ACA Reporting Deadline Extended
The IRS released Notice 2018-94 that extends the deadline for Applicable Large Employers (ALEs) to furnish Forms 1095-C and 1095-B to individuals with 2018 calendar year information. The new deadline is March 4, 2019 (instead of January 31, 2019). The deadline to...
What You Need to Know About Offering Multiple Health Plans
According to the Employer Health Benefits 2018 Annual Survey, 59 percent of covered workers are employed in a firm that offers more than one type of health insurance plan. Employers nationwide are realizing the positive impact that offering multiple health plans can...
Compliance ✔ 2019 Health FSA Limit
The IRS just announced the Health FSA limit for 2019. The amount increased $50 to $2,700. If an employer’s cafeteria plan document states that the contribution limit reflects the maximum allowable by the IRS, then no changes are necessary. However, if the...