Medicare Part D Creditable Coverage
Changes & Challenges for 2025
The Inflation Reduction Act of 2022 introduced significant changes to Medicare Part D plans, notably capping annual out-of-pocket costs at $2,000 starting in 2025, a reduction from $8,000 in 2024.
Summary Annual Report Distribution Deadline
for Health Insurance Plans
Employers offering health insurance plans must distribute a Summary Annual Report (SAR) to plan participants within nine months after the end of the plan year or two months after filing Form 5500. Ensure compliance to keep your plan participants informed and up-to-date.
State-Mandated Leave Laws:
Are You in Compliance?
Did you know that state-mandated leave laws can apply to your company even if your headquarters are in a state without such mandates? With the rise of remote work, it’s crucial to understand that your obligations may extend to states where your remote employees reside.
To help you navigate this complex landscape, we’ve created a checklist to identify whether your company might need more comprehensive support.
IRS Updates on
Educational Assistance Benefits
The IRS has released a new FAQ fact sheet on educational assistance benefit programs under Section 127. These benefits offer tax advantages for both employees and employers, enhancing recruitment and retention strategies.
Thursday, August 15th
Benefits Open Enrollment Planning & Prep
Join us this Thursday, August 15th, for our Benefits Open Enrollment Planning & Prep. This webinar will provide you with 1 Professional Development Credit as well as great tips to get you started for your next Open Enrollment!