Self-funded and HRA contracts need to pay PCORI tax directly on Form 720 before July 31st.
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Important Deadline for Employers with Self-Funded Health Insurance Plans
Category: Small Business
Important Notice for 2018 Health Savings Account (HSA) Holders
Last month, we informed you that the IRS released a statement that the family contribution limit for HSA’s for 2018 had been lowered from $6,900 per year to $6,850. However, on April 26th of this year, the IRS reversed its position citing unintended administrative and financial complications (such as employees already making the maximum contribution before the $50 reduction), the IRS reestablished the original $6,900 limit. A new posting, Revenue Procedure 2018-27, was made redefining the limit…
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Business Benefits Solutions Quarterly: Spring 2018
From how the Tax Cuts & Jobs Act impacts your business benefits to using Executive Benefits to retain and attract key talent - we are pleased to offer you our latest newsletter!
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Important Tax Planning Alert for Employees: IRS Releases Revised Form W-4
The Internal Revenue Service recently released the revised version of Form W-4 to comply with the new tax rates established as part of the Tax Cuts and Jobs Act of 2017. Determining the right amount of withholding can be somewhat of a challenge. In order to help Employees avoid any unforeseen surprises, Employers are advised to request their employees complete the new Form W-4 so their withholdings can be calculated correctly going forward.
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How Does the Tax Cuts and Jobs Act Impact Your Health Insurance?
With the Republican tax bill being signed into law, many individuals and businesses are curious about the impact it will have on health insurance and other benefit programs.
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Tax Reform on Qualified Plans Update
President Trump has signed into law H.R. 1, a congressional revenue act originally introduced in Congress as the Tax Cuts and Jobs Act (the “Act”). The Act makes changes to the rules governing qualified plans (such as 401(k) plans and pension plans).
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AEPG Wealth Strategies Presented at the NJMEP Manufacturer’s Day on 401k Plan Best Practices
AEPG has partnered with New Jersey Manufacturing Extension Program (NJMEP) as their Employee Benefits and Pension / 401k gold affiliate. AEPG was a proud sponsor of the sixth annual NJMEP Manufacturer’s Day on Friday, October 6th, 2017 at the Bridgewater Marriott. “Our whole goal here is to bring as many manufacturers together as possible,” said […]
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Gucci Sued by Plan Participants for Failure to Monitor Their 401(k)
This is why it is important for employers to have a fiduciary and Accountable Advocate® for their retirement plan. Gucci as plan sponsor and its benefits committee is accused of breaching its fiduciary duties, as well as other violations of the Employee Retirement Income Security Act (ERISA). The three main complaints: Gucci America failed to […]
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Potential North Korea Conflict & The Impact on Global Markets
We are obviously concerned about the recent escalation of tension between North Korea and the U.S., and believe it would be relevant to discuss the potential impact to global markets. The thought of an all-out conflict with North Korea is incredibly disheartening, and we sincerely wish that cooler heads will prevail before it comes to […]
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The Fiduciary Rule Moves Forward – Who’s On Your Side?
The saga continues. The on again, off again, then on again Department of Labor (DOL)’s Fiduciary Rule went in to effect for a transition period starting on Friday, June 9th and will go into full effect January 1, 2018. Starting this month, brokers will be required to forego any sales agenda and give advice that […]
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