Rise of the flex economy
Employer benefit plans need more attention from benefit professionals and seasoned benefit professionals want more flexibility in their work
Compliance Enforcement
IRS; there will be subsidy repayment demands
In April, 2015 the IRS rules will surprise those who obtain the tax credit subsidy for their health coverage during 2014. This note is only the tip of the administrative nightmare coming.
ACA: Continuous Change for the Industry
Recently, at a conference, the speaker explained how the status quo, the new normal, is overwhelm. In their experience, ACA has brought about 4 years of tremendous change, and more change is on the way. They identified with industry professionals and explained, “it will be another couple years before a calm can set in.” Constant … Read more
DOL sues CEO
US Department of Labor sues former CEO of Charlotte, NC, Web development company to restore more than $100,000 to 401(k) plan CHARLOTTE, N.C. – The U.S. Department of Labor is suing Garrison Enterprises’ former chief executive officer and chairman of the board, Cameron Garrison, to restore $103,481.37 to the Web development company’s 401(k) pension plan. … Read more
Actuarial reporting for OPEB, SEC, VEBA reserve statements, COBRA rates
Reporting is an increasing burden for all plans. Our Actuaries can help with the required reporting.
Required announcement for employees, samples and guidance …
Required employer notice explaining an employees ability to go to the marketplace to obtain coverage.