…coverage to under 65 as an optional enrollment. Reducing prescription drug prices under Medicare is another possible change. Biden will be trying to work with Congress to change a law that prohibits…
…wars, social change, political upheaval and more. But the pandemic caused them to really examine their current life stage and consider retiring early. As a result, retirements were 50% higher…
…savings account. You can keep and use the money even if your employment status changes. In addition, there are several ways to grow the account over your lifetime. As you…
…payments, and that list doesn’t often change. For example, in 2011, over-the-counter (OTC) drugs and medications were made ineligible as a move by Congress to help fund the Affordable Care…
…can change as often as your circumstances change Employers can contribute to your account However, not all employers offer a 401(k) program, so this option may not be available for…
…FSA Carryover). Also, unused FSA balances may be forfeited if employment status changes. Cafeteria plans can be a cost-effective benefits strategy for employers. They help businesses save money while keeping…
…contractual obligation with the SHOP exchange to pay all applicable COBRA premiums to the exchange; and (iv) the employer would have received the State mini-COBRA premiums directly from AEIs were…
…TPA’s workflow. When a comprehensive platform utilizes a singular record, there is no need to ensure each change is updated in multiple places. A change on the CDH side saves…
…requirements, COBRA is perhaps the most challenging benefit to manage. With our straightforward, all-in-one platform, you’ll be on top of status changes and current on key compliance dates, including communications,…
…Status Changes In addition to determining current needs, workforce demographics should be explored. Are a significant number of workers nearing 65? They will become eligible for Medicare at that age,…