Compliance Nook is a bi-weekly replace with the most recent information and sources on advantages compliance, federal well being, healthcare reform and COVID-19. The content material in Compliance Nook is produced by our guardian firm at NFP.
The state of affairs and steering surrounding the coronavirus (COVID-19) are quickly evolving on a day by day and typically hourly foundation. Whereas we tackle present federal and state steering, we anticipate that there can be extra modifications within the coming days and weeks. We’ll do our greatest to replace you on these developments, however please perceive that this publication solely displays the steering we’ve acquired to this point.
Employers ought to seek the advice of with their counsel and plan advisors to stay abreast of all compliance obligations.
Bulletins and Reminders
July’s Get Sensible Wednesday Webinar – Parting is Such Candy Sorrow: Leaves of Absence and Advantages Compliance Concerns
Be a part of us as we talk about numerous leaves of absence and their influence on advantages administration. We’ll talk about subjects akin to profit eligibility, contributions, and COBRA applicability. As well as, we’ll evaluation issues beneath the Inexpensive Care Act (ACA), Household and Medical Depart Act (FMLA), emergency paid sick depart (EPSL)/expanded FMLA (EFMLA), Part 125, and state legislation. By the top of the presentation, contributors ought to have a greater understanding of advantages compliance points which might be implicated with administering leaves of absence.
July 21, 2021
3:00 to 4:00 p.m. ET
Reminder: Kind 5500 Submitting for Calendar 12 months Plans Due July 31
Reminder: PCOR Price, Kind 720 Submitting Due July 31
Incessantly Requested Query
Are employers required to gather attestation kinds from people who’re eligible for the ARPA COBRA premium help in an effort to apply for and procure the tax credit score?
COVID-19
COVID-19-Related Benefits Compliance Resources Available »
Healthcare Reform
Supreme Court Rules that ACA Challengers Lacked Standing »
Federal Well being
IRS Issues FAQs Regarding Tax Credits for Leave Under ARPA »
DOL Confirms that Call Recordings Subject to Claims Requirements »
IRS Issues Final Regulations Governing Deadline Extensions Due to Disasters »
GAO Issues Report on ERISA Enforcement Efforts »
Retirement Updates
IRS Updates Funding Deficiencies Strategy »
