by Todd | Jan 28, 2014
The new 2014 contribution limits and related limits for retirement plans have been released. Here is a Quick Summary: Defined Contribution Limit (employer & employee combined): $52,000 (formerly $51,000) 401(k) Salary deferral limit: $17,500 (unchanged) Maximum...
by Todd | May 15, 2013
$6,350 Individual/$12,700 Family Non-grandfathered plans that cover essential health benefits (EHBs) must limit member out-of-pocket expenses for EHBs (in-network) to $6,350 for individual plans and $12,700 for family plans. This applies to plan years beginning on or...
by Todd | May 10, 2013
As part of the Affordable Care Act (ACA), employers are required to notify their employees of the coverage options available through the new Health Insurance Exchanges (“Marketplaces”). Originally, employers were required to notify employees by March 1,...
by Todd | Mar 19, 2013
Beginning in 2014, individuals and small employers will be able to purchase health insurance through online competitive marketplaces, or Exchanges. The Affordable Care Act (ACA) directs each state that chooses to operate an Exchange to also establish a Small Business...
by Todd | Feb 8, 2013
On January 30, 2013, the Internal Revenue Service (IRS) and the Department of Health and Human Services (HHS) issued two sets of proposed regulations related to the individual mandate provision of the Patient Protection and Affordable Care Act (PPACA). The individual...
