BENEFITS BUZZ September

BENEFITS BUZZ September

Affordability Percentages Will Increase for 2021 The IRS issued Revenue Procedure 2020-36 to index the contribution percentages in 2021 for determining affordability of an employer’s plan under the Affordable Care Act (ACA).For plan years beginning in 2021, the ACA...
BENEFITS BUZZ August

BENEFITS BUZZ August

“Supreme Court to Hear Arguments in Lawsuit Challenging ACA’s Constitutionality This Fall” This fall, the U.S. Supreme Court is expected to hear oral arguments in Texas v. Azar, the lawsuit arguing that the Affordable Care Act (ACA) is unconstitutional. In June 2020,...
NJ Compliance Alert

NJ Compliance Alert

July 1 – Family Leave ExpandedEffective July 1st, the number of weeks for Family Leave Insurance (FLI) and Temporary Disability Insurance (TDI) have doubled. Employees can take up to 12 consecutive weeks of paid family leave or temporary disability insurance during...