Cafeteria Plan Archives

Seats are filling up fast! Sign up now for our March webinar: What Employers Need to Know About Cafeteria Plan Nondiscrimination Rules

March 10, 2017

Cafeteria Plan, Employee Benefits, Webinar

Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nation’s leading employment and benefit law firms, Fisher Phillips. Best of all, you can take […]

IRS Memo on Fixed Indemnity Health Plan Benefits Tax Treatment

January 24, 2017

Cafeteria Plan, Compliance Alert, Employee Benefits, Health Care Costs, IRS

On January 20, 2017, the IRS released a Memorandum on the tax treatment of benefits paid by fixed indemnity health plans that addresses two questions: Are payments to an employee under an employer-provided fixed indemnity health plan excludible from the employee’s income under Internal Revenue Code §105? Are payments to an employee under an employer-provided […]

Seats are filling up fast! Team BIM Webinar – Plan Documents: ERISA, Section 125, SPDs, and Wraps, Oh My!

October 27, 2016

Cafeteria Plan, Communication, Employee Benefits, ERISA, Human Resources, SBC, Webinar

Seats are filling up fast! You don’t want to miss this! March Webinar – Plan Documents 101: Who Needs What and Best Practices

March 6, 2016October 30, 2017

Cafeteria Plan, Employee Benefits, ERISA, Notices, Webinar

Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can […]

Compliance Recap // October 2015

November 9, 2015

Affordable Care Act (PPACA), Cafeteria Plan, Compliance Alert, ERISA, Same Sex Marriage

Compliance Recap October 2015 October was a relatively quiet month, although it began with a big shift for employers with the Protecting Affordable Coverage for Employees (PACE) Act becoming law, which amended the Patient Protection and Affordable Care Act (ACA) and redefined small employers as those with 50 or fewer employees and gave states the […]

Benefits and Employment Briefing // Fall 2015

September 16, 2015

Affordable Care Act (PPACA), DOL, Employee Benefits, Employee Classification, Employer Mandate, ERISA, HDHP, Health Care Costs, Health Savings Account, HIPAA, Human Resources, IRS

The Surprising Compliance Issues of High Deductible Health Plan/Health Savings Account Arrangements As the Patient Protection and Affordable Care Act (ACA) comes into complete fruition, many employers are offering to employees High Deductible Health Plans (HDHPs) and facilitating the establishment and funding of Health Savings Accounts (HSAs). Read more ACA Cadillac Tax: IRS Issues […]

HRAs, HSAs, and Health FSAs – What’s the Difference?

April 28, 2015

Affordable Care Act (PPACA), Cafeteria Plan, Compliance Alert, Employee Benefits, Flexible Spending Account, Health Savings Account, HRA

Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to these accounts (with certain restrictions) and used for health care […]