COBRA -Timeframe Extensions During the National Emergency

June 11, 2020

On April 28, 2020, the Internal Revenue Service (IRS) and the Department of Labor (DOL) released official guidance* that gives employees who were enrolled in their employer-sponsored…

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IRS Releases Updated PCORI Fees

June 10, 2020

The Patient-Centered Outcomes Research Institute (PCORI) was authorizes by congress as part of the Patient Protection and Affordability Act of 2010. The funding for…

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IRS Releases 2021 Limits for HSAs

May 21, 2020

The Internal Revenue Service announced new, adjusted for inflation, higher contribution limits for Health Savings Accounts for 2021 today. You’ll be allowed to contribute…

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PCORI Fees Are Continued through 2029 But New Fees Are Uncertain

May 20, 2020

As part of the Further Consolidated Appropriations Act of 2020 signed by the Trump Administration, PCORI fees were extended through September 30, 2029. However, employers should keep…

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IRS Relaxes Mid-Year FSA Elections, Extends Grace Period

May 15, 2020

On Tuesday, May 12, the IRS published additional COVID-19 guidance for employer-sponsored healthcare benefits.  Drafted to address unanticipated changes in medical and childcare costs…

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Corona Virus Update 4/6/2020

April 6, 2020

To our Valued Clients and Friends:   Due to the impact of COVID-19 (coronavirus), Congress, the IRS, and other federal agencies have taken significant…

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