Archive for the ‘Benefits’ Category

IRS Announces 2018 Health Savings Account Limits

Health Savings Accounts (HSAs) are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses in the face of rising health insurance costs. The IRS announced the annual limits for HSA contributions for 2018. These limits are indexed for inflation and released […]

11 May 17 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »

Senate Health Committee to Hear Single-Payer Health Care Job Killer Today

The Senate Health Committee today will consider a California Chamber of Commerce-opposed job killer bill that seeks to establish a government-run, single-payer health care system in California. SB 562 (Lara; D-Bell Gardens/Atkins; D-San Diego) has been identified as a job killer because it creates a new single-payer government-run multibillion-dollar health care system financed by an unspecified and […]

26 Apr 17 - Benefits - HRWatchdog - No CommentsRead More »

IRS Extends Employer Deadline For ACA Reporting Forms

The Internal Revenue Service (IRS) recently announced that it is extending the due date for certain 2016 Affordable Care Act (ACA) reporting forms to be provided to employees. The deadline for employers to provide Form 1095-B, Health Coverage or Form 1095-C, Employer-Provided Health Insurance Offer and Coverage to employees is March 2, 2017 (extended from […]

22 Nov 16 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »

Questions Remain for Implementing State-Run Retirement Savings Program

Numerous questions remain about how the new state-run retirement savings program will be implemented, but it is critical that everyone be educated about their roles to make the program successful, said California Chamber of Commerce Policy Advocate Marti Fisher yesterday during a panel discussion in Sacramento. The discussion about what the California Secure Choice Retirement Savings Investment Program means for employers was part of an expert […]

18 Nov 16 - Benefits - HRWatchdog - No CommentsRead More »

401(k) Contribution Limits Remain Unchanged for 2017

The Internal Revenue Service (IRS) announced cost of living adjustments affecting 401(k) pension plans and other retirement-related items for tax year 2017. Several key limitations remain unchanged this year Many pension plan limitations, including those governing 401(k) plans, did not change this year because the increase in the cost-of-living index did not meet the statutory […]

2 Nov 16 - Benefits - Gail Cecchettini Whaley - No CommentsRead More »