News

All Items: Employee Benefits

  • Massive Tax Reform Legislation Will Have Drastic Impact on Employers

    Date:
    December 4, 2017

    On Saturday, the Senate passed its version of historic, sweeping tax reform legislation known as the Tax Cuts and Jobs Act (H.R. 1). The massive, 500-page bill will have a drastic effect on the employment tax treatment of many core employee benefits starting January 1, 2018.

  • IRS Will Soon Issue Notices of 2015 ACA Penalties

    Date:
    November 13, 2017

    Large employers may soon receive a notice from the IRS if they are liable for an employer shared responsibility payment for calendar year 2015 under the Affordable Care Act. The employer shared responsibility payment is the penalty assessed against an Applicable Large Employer if it does not provide affordable, minimum essential coverage to at least 70 percent of its full-time employees.

  • 2018 Social Security Taxable Wage Base Inches Up, Benefit COLAs Up More

    Date:
    October 17, 2017

    The Social Security Administration has issued inflation-adjusted figures for 2018, including the Social Security taxable wage base, the earnings tests for retirees who return to work, and the Social Security benefits quarter-of-coverage requirement and cost of living adjustment (COLA).

  • Trump Issues Executive Orders Aimed at Rolling Back Affordable Care Act

    Date:
    October 13, 2017

    President Trump has issued two executive orders intended to weaken the regulatory structure supporting the Affordable Care Act. One order asks the Department of Labor to propose rules to let more employers participate in association health plans while the other halts the payment of subsidies to healthcare insurers.

  • Employers Gain Religious Exemption From Providing Contraceptive Benefits

    Date:
    October 11, 2017

    More employers with religious or moral objections to providing birth control may be granted an exemption from Affordable Care Act regulations requiring them to provide coverage under two interim rules issued by the Trump administration.

  • Court Orders EEOC to Reconsider Wellness Program Fees

    Date:
    August 30, 2017

    A federal court has found EEOC rules allowing employers to increase healthcare insurance premiums of employees who do not participate in wellness programs to be arbitrary, and sent them back to the agency for reconsideration.

  • Wal-Mart's $7.5 Million Settlement Approved in Same-Sex Health Benefits Case

    Date:
    May 17, 2017

    A federal court in Massachusetts has approved a $7.5 million settlement in a case that accused Wal-Mart of discriminating against employees by denying health benefits to their same-sex spouses.

  • Auto-Enrollment IRAs Disapproved by Congress, Again

    Date:
    May 5, 2017

    A joint resolution that nullifies a Department of Labor, Employee Benefits Security Administration rule advising states on auto-enrollment IRAs is headed to the President's desk.

  • IRS Addresses Tax Treatment of Popular Wellness Program Benefits

    Date:
    April 26, 2017

    Two IRS Chief Counsel Advice Memoranda provide good examples of the tax ramifications of wellness program benefits provided under various scenarios.

  • "Respectful Treatment" Biggest Driver of Job Satisfaction, Says SHRM Survey

    Date:
    April 24, 2017

    Although 65 percent of the 600 employees surveyed by the Society for Human Resource Management said "respectful treatment of all employees at all levels" is very important for job satisfaction, only 38 percent said they are currently satisfied with the level of respect in their workplaces.

About This Category

News: HR and legal considerations for employers regarding employee benefit programs. Support on following regulations and requirements on this topic.