by Muzaffar | Feb 27, 2015 | Group Health Benefits, Human Resources
Employers and insurers can now begin filling out the forms required by the Internal Revenue Service to ensure compliance with the Patient Protection and Affordable Care Act of 2010. As of February 4 of this year, the IRS has finalized the necessary documents and...
by Muzaffar | Feb 11, 2015 | Group Health Benefits
As 2015 kicks off and tax season approaches, businesses need to be intimately familiar with new recordkeeping requirements and penalties presented under the Affordable Care Act.What are full-time employees?A full-time employee is defined by the Internal Revenue...
by Muzaffar | Jan 20, 2015 | Group Health Benefits
The Internal Revenue Service, the Pension Benefit Guaranty Corporation and the U.S. Department of Labor recently released informational versions of 2014's Form 5500 for businesses. While the filings are not due until the seventh month following the end of a...
by Muzaffar | Dec 30, 2014 | Group Health Benefits, Human Resources
Human resources departments need to maintain compliance with federal regulations, especially when it comes to health care. The U.S. has experienced several large shifts in the health care industry over the past few years. The most recent development occurred on Dec....
by Muzaffar | Dec 8, 2014 | Group Health Benefits
Generation plays a significant role in the kinds of benefits employees choose, according to the Society for Human Resource Management. For example, millennials are often more comfortable with technology and may desire the ability to access their benefits information...
by Muzaffar | Dec 8, 2014 | Group Health Benefits
The maximum for 401(k) contributions is rising to $18,000 next year, according to the Society for Human Resource Management. HR professionals should do what they can to explain to employees what this means for their retirement plans. For example, if someone earns...
