IRS

Yes, HRAs and HSAs Can Be Compatible

Yes, HRAs and HSAs Can Be Compatible Background Employers offering a high deductible health plan (HDHP) may want to offer HDHP participants a health reimbursement arrangement (HRA) to buy down the ded...

Compliance News Week Ending November 8, 2024

Compliance News Week Ending November 8, 2024 Benefit Nondiscrimination RulesIRS Notice 2024-80 Employers are generally permitted to differentiate benefits, eligibility, waiting periods and contribut...

Compliance News Week Ending November 1, 2024

Compliance News Week Ending November 1, 2024 ACA and IRS Limits for 2025 For the past few weeks, we have been publishing the different ACA and IRS limits for 2025 as they became available. Below is ...

November 12, 2024 Compliance Webinar Series Invitation

Reminder of November 12, 2024 Compliance Webinar InvitationAnnual Limits for HSAs, Health FSAs, and DCAPsAmwins Connect Insurance Services continues to be a proud sponsor of Summit Employee Benefits O...

IRS Announces More 2025 Inflation-Adjusted Amounts

IRS Announces More 2025 Inflation-Adjusted Amounts Text of IRS Rev. Proc. 2024-40 Employee Health Insurance Expense of Small Employers (Section 2.10 in Text)For taxable years beginning in 2025, the d...

Federal Agencies Proposed Regulations - Enhancing Coverage of Preventive Services Under the ACA

Federal Agencies Proposed Regulations - Enhancing Coverage of Preventive Services Under the ACAThe Biden administration is proposing a rule that would expand access to contraceptive products, includin...

Compliance News Week Ending October 11, 2024

Compliance News Week Ending October 11, 2024 In this Article: CMS Announces 2026 Maximum Out-of-Pocket Limits Under ACA RulesCMS provided guidance this week that sets forth the 2026 maximum out-of-poc...

2025 Deadlines and Penalties Under the Affordable Care Act

2025 Deadlines and Penalties Under the Affordable Care Act This information provides the deadlines for 2024 calendar year reporting, due in 2025, under the Affordable Care Act (ACA) as well as the pen...

UnitedHealthcare Mails Plan Deductible Change Notices

On September 15, 2024, UnitedHealthcare and Oxford will begin mailing letters to Grandfathered and Transitional Relief groups, concerning deductible changes on HSA-qualified plans.

Amwins Connect - July 2024 Question of the Month

Amwins Connect – July 2024 Question of the Month Question Can two owners/officers under a S-Corporation Company elect an FSA for themselves or any other owner of the company? Answer A 2-pe...

Form 5500 Extensions - for Calendar Year Plans

Form 5500 Extensions (for calendar year plans) June 2024 The Form 5500 for an ERISA plan is due the last day of the seventh month after the end of the ERISA plan year, including short plan years...

PCORI Fee Reporting and Payment Due July 31, 2024

PCORI Fee Reporting and Payment Due July 31, 2024 Fully insured carriers and most self-insured health plan sponsors must pay annual Patient Centered Outcomes Research Institute (PCORI) fees to the ...