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Affordability Safe Harbors: Rate of Pay (1 of 3)
Recently the IRS updated the affordability percentage to 9.78% for plan years that start on or after Jan 1, 2020. This percentage is...

Sarah Borders
Jul 29, 20192 min read


IRS expands preventive care for HDHPs
On July 17th 2019, the IRS released Notice 2019-45 which adds to the list of preventive care benefits that can be covered under high...

Sarah Borders
Jul 22, 20192 min read


Summary of Material Modifications: What is it, who has to do it, and when is it due?
A summary of material modification (SMM) is required anytime there’s a “material” change to the SPD. The guidance doesn’t describe what...

Sarah Borders
Jul 13, 20192 min read


Form 5500s due 7/31 for 2018 calendar year plans
Employers must file Form 5500 by the last day of the 7th month following the last day of the plan year. This means plans that began Jan...

Sarah Borders
Jul 8, 20192 min read


PCOR Fees: Who pays and how much?
The PCOR fee must be reported each year on IRS Form 720 for the second quarter of the calendar year and can be paid electronically or...

Sarah Borders
Jul 1, 20194 min read


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