COBRA Administration and Compliance in 2025
…in certain situations. They can keep it if they lose their job, have reduced hours, if the employee dies, or if their marital status changes. This can provide comfort during…
Search Results for: change of status
How Does Medicare Enrollment Impact HSA Eligibility?
…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…
Whitepaper: How Has the Pandemic Impacted Employee Benefit Strategies?
…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…
Understanding the HSA Withdrawal Penalty and Other Useful Information
…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…
What is an FSA or LPFSA?
…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…
HSAs in Your Retirement Plan?
…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…
Cafeteria Plans Let Employees Choose Benefit Options
…allows 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…
IRS Issues More ARPA Guidance on Premium Assistance for COBRA
…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…
DCAP Update: Dependent Care FSAs Get Long-Overdue Boost
…change matters so much, consider the financial reality that’s been squeezing families for decades. That original $5,000 limit from 1986 would be worth approximately $13,700 in today’s dollars. For nearly…
Whitepaper: How TPAs Can Boost Profits and Balance Their Workload Through Platform Efficiency
…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…