The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA): • The Cadillac tax • The medical devices excise tax • The health insurance providers fee The Cadillac Tax The Cadillac tax is a 40% excise...
HIGHLIGHTS The IRS announced cost-of-living adjustments to the annual dollar limits for employee benefit plans. Many of these limits will increase for 2020. In 2020, employees may contribute more money to their HSAs, health FSAs and 401(k) accounts. OVERVIEW Many...
In our health- and fitness-focused culture, it can be easy to lose sight of what well-being really encompasses. At its most basic, well-being refers to feeling good and living both safely and healthily. It refers to wellness in all aspects of life, including, but not...
According to the Society for Human Resource Management, approximately 9 percent of U.S. employers allow their employees to bring their dogs to work every day. With this trend on the rise, many employers are wondering if allowing dogs into their workplace is right for...
In addition to boosting your social well-being, volunteering can make you feel physically stronger, increase mental sharpness, aid in reducing stress and even help you live longer. Despite these proven positive effects, only 1 in 4 Americans regularly volunteer,...
Employee 401(k) contributions for 2020 can increase by $500 to $19,500, while the combined employer and employee contribution limit rises by $1,000 to $57,000, the IRS announced Nov. 6. For participants ages 50 and over, the additional “catch-up”...
Quartz has an updated employee application that must be used for all enrollments and changes. Please save and begin using today! Download Application Also, beginning January 1st Quartz will have in-network facilities in Waukesha county including Oconomowoc Memorial...
Open enrollment can be an extremely positive and rewarding experience for you and your employees. Consider the following suggestions to help you prepare for a successful open enrollment period this year. Pre-enrollment Period Plan ahead: Be ready to answer employee...
Mistakes in employee benefits and human resources can be quite costly to employers—in the form of extra benefits, complaints, lawsuits, government-assessed fines and penalties, and attorney fees, to name a few. Don’t learn the hard way what these mistakes are. 1. Not...
OVERVIEW On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include: The maximum HSA contribution limit; The minimum...
