May 22 COVID-19 Update: A message from our CEO
Hello team- I hope you’ve had a productive and healthy week. I am happy to report that the business remains strong and retention continues to remain at an all time high. Many of you are wondering when our offices will re-open. We are monitoring developments in various states and will follow local guidance for re-opening. […]
Read MoreCOVID-19 Relief and Guidance for Employee Benefit Plans: Understanding Extended Deadlines
On May 4, the Department of Labor, Treasury Department and Internal Revenue Service issued joint rulings that extend various deadlines during the COVID-19 state of emergency. According to the DOL, EBSA Disaster Relief Notice 2020-01, “extends certain time frames affecting participants’ rights to healthcare coverage, portability, and continuation of group health plan coverage under COBRA, and […]
Read MoreIRS allows mid-year changes to FSA, DCA & Cafeteria Plans for 2020
On May 12, 2020, the IRS issued guidance that allows employers to amend their plan to allow the following: Enrollment changes, including new elections and election changes, without a qualified event. Increased time to spend Flexible Spending Accounts (FSA) and Dependent Care Flexible Spending Accounts (DCA) balances for plans ending in 2020 or plans that […]
Read MoreMay 15 COVID-19 Update: A message from our CEO
Hi everyone! I trust you have had a great week and that you are staying safe and healthy! Trust me, I know it is challenging working from home day in and day out. I lose track of days and spend more time on Zoom meetings and webinars than ever! I don’t know about you but […]
Read MoreMay 1 COVID-19 Update: A message from our CEO
Hello team- We continue to monitor the affects of COVID-19 on our business. We certainly have our challenges when it comes to adapting to this new normal just like everyone else, but we are encouraged by the fact that we are progressing through this better than expected. Our attrition rate remains below normal and our […]
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