New Jersey Implements First State-wide Commuter Benefits Ordinance

Date: 03.27.19

Topic: Benefits News, BeneTips

If you are an employer who employs at least 20 people in the state of New Jersey, you are now required to offer pre-tax commuter benefits to your employees. NJ is the first state to pass such an ordinance. Though the ordinance is effective immedia...

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New Jersey (NJ) enacts a health care individual mandate in 2019.

New Jersey Individual Mandate Latches On To Federal Reporting Obligations

Date: 02.15.19

Topic: Benefits News, BeneTips, Health Care Reform

In late January, the state of New Jersey posted new information about its individual health insurance mandate that went into effect on January 1 of this year.  Of interest to most impacted employers are the tactics and mechanics associated with h...

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IRS Announces NEW FSA Maximums for 2019

Date: 11.16.18

Topic: Benefits News, BeneTips

On Thursday, November 15, 2018, the IRS released the 2019 annual inflation adjustments.  Effective January 1, 2019, the new annual Health Care FSA maximum contribution will increase to $2,700. The new monthly maximum contributions for Qualifie...

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Patient-Centered Outcomes Research (PCOR) Fee Adjustment Announced for 2019

Date: 11.13.18

Topic: Benefits News, BeneTips

The IRS has announced the new PCOR fees for plan and policy years ending on or after October 1, 2018 and before October 1, 2019.  The fee has experienced a $0.06 increase; up to $2.45 from the amount previously in effect. This fee is analyzed on...

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Changing the Face of HRAs

Date: 11.12.18

Topic: Benefits News, Health Care Reform

The Big Picture: New regulations have been proposed by the Trump administration regarding the rules of health reimbursement accounts (HRAs). The regulations would give employers of all sizes additional flexibility to provide greater choice to thei...

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myFlexDollars Gets Personal: It’s More Than Just a Fresh Coat of Paint!

Date: 08.21.18

Topic: Benefits News, Company News

Baker Tilly Vantagen is proud to announce the launch of a fresh new view available at myFlexDollars.com.  We are confident that we’ve set in motion a best-in-class user experience that looks great and, for the first time, enables us to deliver ...

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Check Out Our 2018 Account Services Scorecard

Date: 07.27.18

Topic: Benefits News, Company News

Baker Tilly Vantagen had a big year! We want to say thank you for your partnership and share what we’ve been up to. Check out our impressive  Account Services Scorecard below to see how we rack up against bench-marked administrators*.   *S...

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IRS Announces Increase for HSA Family Contribution Limit

Date: 04.27.18

Topic: Benefits News

The IRS announced an increase to the maximum HSA family contribution for the 2018 calendar year in Revenue Procedure 2018-27. The family contribution limit for HSAs has been raised from$6,850 to $6,900. This mid-year increase comes shortly a...

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Newsflash! IRS Announces Change for HSA Family Contribution Limit

Date: 03.06.18

Topic: Benefits News

The IRS announced a decrease to the maximum HSA family contribution for the 2018 calendar year in the most recent Internal Revenue Bulletin (IRB) 2018-10. The family contribution limit for HSAs has been lowered from $6,900 to $6,850. This mi...

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Department Of Labor Releases Adjustments To Penalties Associated With Employee Benefit Programs

Date: 01.06.18

Topic: Benefits News

Each year, the Department of Labor (DOL) is required to release the annual adjustments it makes to monetary penalties imposed for benefits-related violations. Employers who maintain compliance throughout the year will not be subject to any penalt...

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IRS Extends ACA Forms Issuance Deadline 2017

Date: 12.23.17

Topic: Benefits News, Health Care Reform

On December 22, 2017, the Internal Revenue Service (IRS) issued Notice 2018-06 to announce a 30-day automatic extension for insurers and employers to furnish 2017 IRS Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Of...

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2015 ESR Assessment coming from IRS

ESR Assessments Are Coming!

Date: 11.16.17

Topic: Benefits News, Health Care Reform

The Fast Facts: Yes, we are actively preparing for the reportable year 2017 forms release.  No, the IRS has not adjusted the deadlines for the 2017 reporting that is due in early 2018.  What the IRS has done recently, however, is update its guid...

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