2020 Year End Devenir HSA Research Report;

Devenir’s annual year-end HSA report provides an opportunity for a closer look at HSA participant behavior in the past year. What interesting HSA trends emerged in Devenir’s report during 2020? 1) HSA assets beat projections, 2) Investment assets are booming, 3) Number of HSAs that are investing
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California Will Allow Electronic Distribution of Workplace Notices;

On July 16, 2021, California amended its Labor Code to allow employers to distribute certain workplace notices and posters electronically in addition to displaying the postings required by law. The amendment becomes effective Jan. 1, 2022. Read More..

Quarterly ERISA compliance review for the employee benefits professional.;

Wrap Documents for Welfare Benefit Plans ERISA requires welfare benefit plans, such as group health plans, to have a plan document and an SPD. In most cases, the certificate or booklet provided by an insurance carrier (or other third party) does not satisfy ERISA’s requirements
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COVID-19 Payroll Reporting Rules terminating in California;

California Governor Newsom’s Executive Order for COVID-19 Payroll Reporting Rules have terminated or will soon be terminating. The entire WCIRB rule can be found if they click on “more information here.” State: Calif. WCIRB: Payroll Reporting Rules to Change With End of Emergency Orde
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Cafeteria Plans: Mid-year Election Changes;

In most cases, an employee may not change his or her elections under a cafeteria plan during the period of coverage (usually the plan year). However, the IRS allows employers to design their cafeteria plans to allow employees to change their elections during the plan year if certain events occur. Th
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COBRA Administration for Dummies;

An employer needs to be aware of and stay on top of the Consolidated Omnibus Budget Reconciliation Act (COBRA) provisions. This helpful resource provided by Optum Financial does just that! Read More..

U.S. Supreme Court’s Ruling on the ACA’s Individual Mandate Lawsuit;

This month's Benefits Buzz discusses the U.S. Supreme Court's ruling on the ACA's individual mandate lawsuit and the expected impact on ACA reporting for 2021. Read More..

Tips for enjoying a healthy lifestyle!;

Live Well, Work Well Newsletter - July 2021 The Live Well, Work Well newsletter is an employee newsletter that is produced monthly and covers topics like health, wellness, fitness, nutrition and personal finance. This month's newsletter discusses the 2021 Dirty Dozen list, summer
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CalOSHA COVID-19 Workplace Standards;

On June 17, 2021, the Occupational Safety and Health Standard Board (OSHSB) adopted revisions to the Emergency Temporary Standard for employee safety regarding the hazards related to COVID-19. This 'White Paper' provided by CalChamber helps you navigate the revised COVID-19 workplace rules. Read More..

Supreme Court Rejects Challenge to the ACA’s Individual Mandate;

Supreme Court Rejects Challenge to the ACA’s Individual Mandate On June 17, 2021, the U.S. Supreme Court rejected a lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate in a 7-2 ruling. According to the Court, the plaintiffs in this
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