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IRS 2020 Plan Limits PublishedNovember 6, 2019The 2020 IRS annual limits for employee benefit plans have been published, including the following: The maximum retirement plan annual elective deferral increased to $19,500, and the catch-up contribution (age 50+) increased to … read more
DC Transit Benefit: New Notice Requirement & FinesOctober 23, 2019Since January 2016, the Sustainable DC Act of 2014 has required employers with 20 or more DC employees to offer transit benefits to their DC employees. The law requires employers to offer at least one … read more
Expanded List of Preventive Care BenefitsAugust 2, 2019The ACA requires that specific preventive care services must be included in medical plans, at no cost sharing to plan participants. The required services are based on the recommendations made by the U.S. Preventive … read more