Upcoming Health Plan Compliance Deadlines for July 31st – PCORI fee for Employers w/ self-insured health plans & Form 5500 for ERISA-covered welfare benefit plans…for more details, click here.

NJ Health Insurance Mandate – Information for Employers

May 6, 2019

The following information is directly from the Official Site of The State of New Jersey Starting with Tax Year 2019, the New Jersey Legislature requires third-party reporting to verify health coverage information provided by individual taxpayers. That means employers must provide New… [more]


The ACA Remains in Place Pending Recent Appeal

January 23, 2019

Federal Judge, Reed O’Connor, recently ruled that the entire Affordable Care Act (ACA) is invalid due to the elimination of the individual mandate penalty this year.  The individual mandate penalty was reduced to zero starting in 2019 as a part… [more]


Health FSA (Flexible Spending Account) 2019 Limit Increases

December 3, 2018

The Internal Revenue Service released Revenue Procedure 2018-57 on November 15, 2018.  This IRS release increases the health FSA (Flexible Spending Account) dollar limit on employee salary reduction contributions for taxable years beginning in 2019.  The dollar limit has been… [more]


ACA Reporting – Final Forms for 2018 Released

October 17, 2018

The Internal Revenue Service (IRS) has released the final forms for 2018 ACA Reporting under IRS code Sections 6055 and 6056.  Applicable large employers (ALEs) will use 1094-C and 1095-C to report under Section 6056 as will ALEs who sponsor… [more]


IRS Reverses Decision for 2018 Family Coverage HSA Limit

April 30, 2018

Note:  This information was released late last week reversing our blogpost from March 19th.  The IRS released Revenue Procedure 2018-27 that allows health savings account (HSA) holders to treat $6,900 (rather than the previously announced in-year decrease to $6,850) as… [more]


Brown & Brown Benefit Advisors