Entries by Becky Stidham

2019 Limits to Know

Many benefit plan limits have changed for the new calendar year. Here are those changes: 2019 Limits to Know Infographic: 401K Limits: Pre-Tax Contributions: $19,000 (up $500 from 2018) Catch-Up Contributions: $6,000 (no change from 2018) IRA Limits: Contributions: $6,000 (up $500 from 2018) Catch-Up Contributions: $1,000 (no change from 2018 Health Savings Account (HSA) […]

CHANGE YOUR DIET TO LOWER YOUR CHOLESTEROL

If three months of changing your diet does not lower your LDL cholesterol levels, consult your physician. He or she may put you on medication or refer you to a dietician for more assistance.  Diet plays a big part in why some people suffer from high cholesterol. Modifying your diet even a little can lower […]

2019 Open Enrollment Checklist

To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2019. Employers should review their plan documents to confirm that they include these required changes. In addition, any changes to a health […]

HSA 101

HSA/HDHPs take a different approach to health coverage than other plans with lower deductibles. Having an HSA provides you with many benefits, including flexibility and easy saving, helping you plan and pay for medical expenses. Click here for the Interactive HSA Guide to include: HSA Eligibility HSA Contributions Using your HSA HSA Saving and Recording […]

Are you effectively using your HSA?

  There are a few things you should keep in mind to make sure that you’re utilizing your HSA as efficiently as possible. Everybody uses their health savings account (HSA) a little differently, and that’s OK. In fact, flexibility is one of the many advantages of an HSA. However, there are a few things you […]

DRAFT FORMS FOR 2018 ACA REPORTING RELEASED

The Internal Revenue Service (IRS) released draft 2018 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. 2018 draft Forms 1094-C and 1095-C were released July 11, 2018, and will be used by applicable large employers (ALEs) to report under Section 6056, as well as for combined Section 6055 and 6056 reporting […]

Which Federal Employment Laws Apply to My Company?

 Provided by Clark & Associates of Nevada, Inc. This is a good question and can be complicated! There are a number of different federal employment laws that have their own rules for covered employers. Employers should be aware of the federal employment laws that may apply to their company. An employer’s size, or number of […]