Findley Post
-
IRS Increases Health FSA Limit for 2019
As cafeteria plan sponsors know, the Affordable Care Act established the maximum limit on contributions to a health flexible spending account (Health FSA) at $2,500, as indexed for inflation. On November 15, 2018, the Internal Revenue Service (IRS) announced an […]
-
Reminders of What’s New for Plan Sponsors in 2019
Retirement and health and welfare plan sponsors have a relatively short list of employee benefit changes that begin on or around January 1, 2019. However, some changes were announced so long ago that they could be easily forgotten, here’s a […]
-
IRS Issues Annual Increase to PCORI Fee
As part of the Affordable Care Act, the fee to fund the Patient-Centered Outcomes Research Institute (PCORI) has been in effect since 2012, and by now, plan sponsors and insurers are very familiar with it. The fee itself was imposed […]
-
EEOC Guidance on Wellness Plans…Still Waiting
Employers waiting for new guidance on wellness plan incentives from the Equal Employment Opportunity Commission (EEOC) are going to have to wait a little longer. In December 2017, the United States District Court for the District of Columbia issued a […]
-
Employee Benefit Plan Limits for 2019
Findley is pleased to provide you the following 2019 limits (and comparable 2018 figures) for various employee benefit plans and Social Security. Employee Benefit Plans 2018 2019 401(k) elective deferral dollar limit $ 18,500 $ 19,000 403(b) elective deferral dollar […]
-
Pension Plan Liabilities to Decrease with Updated Mortality Scale
The Society of Actuaries’ (SOA) Scale MP-2018 mortality improvement rates are slightly lower than the corresponding Scale MP-2017 rates issued last year. With the release of the new scale on October 23, 2018, the SOA estimated that pension obligations will […]
-
IRS Updates Model Tax Notices for Eligible Rollover Distributions from Retirement Plans
In its recent Notice 2018-74, the Internal Revenue Service (IRS) provides updated model tax notices for the required written explanations given to recipients of eligible rollover distributions from qualified retirement plans. These updated notices reflect recent changes to the laws […]
-
401(k) Student Loan Benefits Still Around the Corner for Most
You would have to be hiding under a rock not to have heard that student loan debt in the United States is a runaway train. Millennials reportedly rank student loan assistance as an employee benefit that would not only attract […]
-
Minimal FASB Changes to Defined Benefit Plan Disclosure Requirements
On August 28, the Financial Accounting Standards Board (FASB) issued changes in the disclosure requirements for employers who sponsor defined benefit pension or other postretirement plans. The changes are aimed to improve the effectiveness of financial statement disclosures by eliminating […]
-
Main Street Loves ESOPs . . . And So Does Congress!
The Main Street Employee Ownership Act (MSEOA), signed into law on August 14, 2018 (as part of the John S. McCain National Defense Authorization Act), eases the way for small companies to establish employee stock ownership plans (ESOPs). The Act […]
- Categories