The IRS issued IRS Notice 2020-29 (Notice) that provides increased flexibility for making mid-year elections. Read this blog post to learn more. ...
May was a busy month in the employee benefits world. The Internal Revenue Service (IRS) issued IRS Notice 2020-29 that provides increased flexibility for making mid-year elections or changes under a Section 125 cafeteria plan during calendar year 2020. Read this compliance recap to learn...
Are your employees forgetting to spend the money in their flexible spending accounts (FSA)? Read this blog post to learn how you can help alleviate this issue. ...
Employers often can feel lost when trying to decide which employee benefits to offer. Read this blog post to learn about the pros and cons of FSAs, HSAs and HRAs....
September was a busy month in the employee benefits world. Read UBA's Compliance Recap for September on our blog now, and catch up on all things compliance. ...
Confusion about carrying over unused funds from year to year in health care flexible spending accounts (FSAs) has received some clarification under IRS Notice 2015-87, issued in December....
A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government. It must contain specific information, in a specific order and with a minimum size type, about a group health benefit's coverage and limitations. Read more here...
Among the many changes the Patient Protection and Affordable Care Act (PPACA) has triggered, amendments to the tax code rank high. Here are some well-researched answers to the questions you're looking for. ...
Change will reduce year-end buying rush but halt expenses offset. Read full article...
Internal Revenue Service (IRS) Revenue Procedure 2013-35 provides the cost-of-living adjustments to certain items for 2014 as required under the Internal Revenue Code. This revenue procedure includes updates for numerous items including:...