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New MD Mandate May Affect HSA ContributionsNovember 27, 2017There is a potential HSA contribution issue for Maryland-based HDHP plans. The issue stems from the MD Contraceptive Equality Act mandating 100% coverage for male sterilization (without applying the deductible), effective January 1, 2018 … read more
IRS to Start Issuing Employer Mandate PenaltiesNovember 9, 2017By the end of 2017, the IRS plans to start issuing the first round of ACA employer mandate penalty notices (§4980H penalties), using employer-reported 2015 Form 1095 information. The recently updated IRS FAQs include … read more
IRS 2018 Plan Limits ReleasedOctober 23, 2017The IRS released the 2018 annual limits for employee benefit plans, including the following: The maximum retirement plan annual elective deferral increased to $18,500, but the catch-up contribution (age 50+) remains unchanged at … read more