The IRS is planning ahead on HSA plans, releasing 2022 HSA maximums and limits on 5/11/21. See below for the 2022 numbers along with comparisons to 2021. We will update … Read More
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In benefits administration, there are always changes to stay on top of or important topics to unpack. Read our blog to stay informed — and let us know if there is something you’d like to see us cover.
Vying for Virginians: Grace Network fights generational poverty through community
Volunteers of all ages putting together food donations. It’s a story that can be found in every nook and cranny of the United States; as industries leave, taking their factories … Read More
American Recovery Plan (ARP) Act COBRA Subsidy Information for Partners
We will add to this post as we have new information about the ARP COBRA subsidy. Current status as of 5/4/21: The IRS has released a draft Form 7200 which … Read More
ARPA COBRA Subsidy Update 4/7/21
We have received a number of questions about how we are implementing the ARPA COBRA subsidy, so we wanted to give a quick update and schedule based on what we … Read More
ARPA Temporarily Increases Dependent Care Maximum to $10,500 (or $5,250) for the 2021 Tax Year
In addition to a 100% COBRA subsidy, the American Rescue Plan Act of 2021 (“ARPA”) temporarily increases the maximum amount of Dependent Care FSA benefits that can be excluded from … Read More
DOL Guidance Clarifies Duration of Outbreak Period Extensions: Extensions Apply on an Individual Basis
The Department of Labor and IRS recently issued Disaster Relief Notice 2021-01 which provides needed clarification on the duration of the Outbreak Period deadline extensions. The agencies took the participant-friendly … Read More
American Rescue Plan Act Includes 100% COBRA Subsidy
Yesterday, President Biden signed the American Rescue Plan Act of 2021 (“ARPA”) into law. In addition to other provisions impacting employee benefit plans, the ARPA includes a 100% COBRA premium … Read More
2021 Client Webinar Schedule
Join us for informative webinars on compliance and administration topics all year long! We’ll add additional registration links for webinars as they are scheduled, and links to the recordings after … Read More
HSAs and Taxes: What do you need?
It’s tax time again! If you have an HSA, you’ll need to report any HSA distributions and/or contributions for the year on your tax return. If you took any distributions … Read More
Hope for the Homeless: A Wake County nonprofit that rehomes families receives a grant from Jeff Bezos’ Day 1 Families Fund
Even in the pre-Covid era, millions of Americans were living just one unexpected expense away from losing their home. Luckily, Families Together believes that every family deserves a stable home, … Read More