Federal Employment Law Update – February 2018 | PA Employee Benefits

IRS Releases Publication 15 and W-4 Withholding Guidance for 2018On January 31, 2018, the federal Internal Revenue Service (IRS) released Publication 15 — Introductory Material, which includes the following:2018 federal income tax withholding tables.Exempt Form W-4.New information on:Withholding allowance.Withholding on supplemental wages.Backup withholding.Moving expense reimbursement.Social Security and Medicare tax for 2018.Disaster tax relief.Read Publication 15 … Continued

CMS Disclosure Requirement for Employer Health Plans | PA Benefit Advisors

Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every year with information about your plan’s drug coverage. You have 60 days from the start of your health plan year to complete the form. For … Continued

Benefits Easy: Intro to Self-Funding | PA Employee Benefits

As the first month of 2018 wraps up, companies have already begun the arduous task of submitting budgets and finding ways to cut costs for the new year. One of the most effective ways to combat increasing health care costs for companies is to move to a Self-Funded insurance plan. By paying for claims out-of-pocket … Continued

Nothing Is Certain, But Death and LESS Taxes… | PA Benefit Advisors

On January 11, 2018, the Internal Revenue Service released its income tax withholding tables for 2018 reflecting changes made by the December 2017 tax reform legislation. The updated withholding information provides the new rates for employers to use during 2018. Employers are encouraged to use these tables as soon as possible but must use them by … Continued

IRS Updates Guidance on Play-or-Pay Penalty Assessments | PA Employee Benefits

Beginning in 2015, to comply with the Patient Protection and Affordable Care Act (ACA), “large” employers must offer their full-time employees health coverage, or pay one of two employer shared responsibility / play-or-pay penalties. The Internal Revenue Service (IRS) determines the penalty each calendar year after employees have filed their federal tax returns.In November 2017, … Continued

Oral Health = Overall Health | Pennsylvania Employee Benefits

Have you heard the saying “the eyes are the window to your soul”? Well, did you know that your mouth is the window into what is going on with the rest of your body? Poor dental health contributes to major systemic health problems. Conversely, good dental hygiene can help improve your overall health.  As a … Continued

 

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