The IRS released notice 2023-73 on October 19, 2023, providing 417(e) lump sum mortality for use with stability periods beginning during the 2024 calendar year. Prior notices and a limitation … Continued
The IRS has released final 2023 forms and instructions for ACA reporting under Code Sections 6055 and 6056. This Legal Update provides more details. Read the Legal Update. Contact your … Continued
The IRS has released Notice 2023-70, which provides the adjusted PCORI fee amount for plan years ending on or after Oct. 1, 2023, and before Oct. 1, 2024. Employers with … Continued
In the fast-paced world of business and leadership, the unexpected can happen in the blink of an eye. Executive disability insurance, often overlooked amidst other corporate benefits, stands as a … Continued
While certain employers must file Equal Employment Opportunity (EEO-1) Reports with the Equal Employment Opportunity Commission (EEOC) by March 31 each year, the portal opening for submission of 2022 EEO-1 … Continued
Overview The Department of Labor (DOL) has issued its proposal to increase the salary threshold for exempt employees by significantly raising the exempt salary threshold from $684 per week to … Continued
Group health plan sponsors must provide the annual Medicare Part D creditable coverage disclosure notices to Medicare-eligible individuals before Oct. 15, 2023—the start date of the annual enrollment period for … Continued
The Department of Labor (DOL) has released a new model Employer CHIP Notice, with information current as of July 31, 2023. This notice is updated periodically to reflect changes in … Continued
The ACA requires health insurance issuers and self-insured plan sponsors to pay PCORI fees annually, using IRS Form 720. Form 720 and full payment of the PCORI fees are generally … Continued
The U.S. Citizenship and Immigration Services (USCIS) announced a new version of Form I 9, also known as the Employment Eligibility Verification form. Employers are required to use this form … Continued