Employee Benefits Updates

By Caroline Smith, 11/28/2016
In May 2016, the Department of Labor (DOL) issued its final Fair Labor Standards Act (FLSA) overtime rule which was scheduled to take effective December 1, 2016. Among other changes, the new rule would have raised the salary threshold for executive, administrative, and professional overtime exemptions from...
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By Caroline Smith, 11/21/2016
The IRS has extended the deadline for furnishing individual statements under Sections 6055 and 6056 of the ACA for 2016. Additionally, the IRS has extended good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and 6056. READ FULL ALERT
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By Caroline Smith, 11/18/2016
It’s been over a week since the election results came in and since then, you have likely been inundated with emails, seen many television interviews, and heard other news sources espousing predictions of what is on the horizon for employee benefit plans, and specifically, the future of the Affordable Care...
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By Caroline Smith, 11/08/2016
The deadline to submit your 2016 annual enrollment counts and schedule your 2016 reinsurance payment(s) is November 15, 2016. This marks the third and final year to pay the reinsurance fees. Sponsors of self-insured group health plans are responsible for paying the reinsurance fees. If you are the sponsor of a...
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By Caroline Smith, 10/05/2016
AssuredPartners has released its Compliance Observer Newsletter for the thirdquarter of 2016. This newsletter containsinformation on many employee benefits compliance issues. The followingarticles, information, and important reminders are contained inthis Newsletter: Medicare Part D Notices are due by October...
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