Earlier this year, the IRS issued final regulations that change the filing requirements for several common employer information returns, including Form W-2, the Form 1099 series, and the Form 1094 and 1095 series. The final rule significantly lowers the threshold for mandatory electronic filing, which will require many filers who currently submit certain tax forms […]
Suicide Prevention Suicide is a word that many of us find hard to think about, let alone talk about. But you can help prevent suicide by learning the warning signs, understanding available resources, and becoming comfortable with uncomfortable conversations.
Self-Care Behaviors Being your best self relies on practicing self-care behaviors. But what exactly does that mean? An internet search will yield multiple definitions of self-care. Perhaps the simplest to grasp is from the English Oxford Dictionary which reads, “the practice of taking action to preserve or improve one’s own health”. Self-care then, is a […]
Overview Hospital indemnity or other fixed indemnity insurance provides fixed, cash payments upon the occurrence of a health-related event. Payments under fixed indemnity insurance must be made as a fixed dollar amount per day or per other time period of hospitalization or illness (for example, $100 per day of hospitalization). Benefits are paid regardless of […]
HSA Limits for 2024 IRS Revenue Procedure 2023-23 updated the limits for qualified high deductible health plans (QHDHPs) for plan years beginning in 2024 as well as the 2024 calendar year health savings account (HSA) contribution limits, as set forth below:
Know Your Numbers We use important numbers every day: phone numbers, social security numbers, driver’s license numbers. But do you know the numbers that can potentially save your life?
As we enter the time of year when employers hire summer interns, questions arise as to whether health coverage should be offered. This issue of the Benefit Minute reviews Affordable Care Act (ACA) requirements that may apply to interns.
Spring Has Sprung and So Have Allergies! Spring is here and with it comes all of the beautiful flowers that unleash an abundance of beauty and POLLEN! If you are one of the millions of people with allergies, you are likely experiencing itchy eyes, coughing and sneezing. About 20% of the world’s population has allergic […]
This issue provides an update on recent regulatory and judicial activity at both the federal and state level.
