The ACA prohibits group health plans from having a waiting period in excess of 90 days. The prohibition went into effect for plan years beginning on or after January 1, 2014. Since this rule isn’t new, you may be wondering why I am writing this blog post about it now. In the past several months, I have spoken to several employers who were ...
The IRS issued a Notice today announcing that it is extending the deadline for distribution of Forms 1095-C. Under the Affordable Care Act, all large employers must complete and distribute a Form 1095-C to any employee who was considered a full-time employee for one or more months of the calendar year. The normal deadline for distributing such forms ...
You have a few deadlines looming if you sponsor a retirement plan with a January 1st plan year and your plan contains any of the following features:
401(k) Safe Harbor Notice
If your plan is designed as a safe harbor plan to avoid ADP and/or ACP testing, you must send an annual notice to participants no later than 30 days before the end of the plan ...