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What is a Qualifying Life Event?
One of the things you can count on in life is change. When those changes occur, they might open the door for an employee to qualify to sign up for health insurance or make a change outside of an annual enrollment period.
Many employee benefits are subject to annual dollar limits that are periodically increased to keep up with inflation. The IRS has issued new annual dollar limits for some welfare and retirement plans.
Employers should take note of the benefit limit changes and update their benefit plan designs and plan documents accordingly.read more
Very little has been written about the section 4980H penalty amounts for 2019. Fortunately, after reviewing the Code and figuring out the premium adjustment percentage, it is easy to determine the penalty amounts for 2019. This article explains the Code provision and the math behind the 2019 penalty amounts.read more
The IRS has begun the ACA penalty assessment process. Penalties are being assessed against those organizations determined not to be in compliance with the ACA, according to the March 2018 report from the Treasury Inspector General for Tax Administration on the Affordable Care Act.read more
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“Many benefits brokers neglect their clients once they have won the account. The level of after sales support provided by the team at The DeChristopher Group has been exceptional. Shannon and Lucia have assisted us with many challenging issues and successfully resolved them all. We are a satisfied client!”