Substantiation requirements for employee health benefits
Employee health benefits are an essential component of any comprehensive compensation package. However, employers must ensure that the benefits they offer compl …
What is the Affordable Care Act (ACA)?
Before 2010, securing health insurance coverage as an individual in the U.S. was challenging. Expensive premiums, costly out-of-pocket expenses, pre-existing co …
What is nondiscrimination testing?
As an employer or human resources professional for a small or medium-sized business (SMB), there are many compliance considerations to be aware of, especially r …
What is Form 941?
As a small business owner or HR manager, you need to be aware of the tax forms you need to file and the compliance regulations you need to abide by. There are n …
How to calculate modified adjusted gross income (MAGI)
The Affordable Care Act (ACA) created premium tax credits to help eligible individuals and families purchase affordable individual health insurance coverage thr …
How to choose a benefits administrator
If your organization offers employee benefits, using an accurate benefits administration tool can help you stay on top of compliance requirements. Benefits admi …
Summary Annual Report for employee benefit plans
If you’re an employer offering various employee benefit plans, you must understand your responsibilities regarding compliance and taxes. If the benefits you off …
How to report employer-sponsored health benefits on Form W-2
Offering health benefits as part of your compensation package is an excellent way to attract and retain employees. Employers that offer health benefits need to …
How employers can contribute to HSAs
Many organizations provide a health savings account (HSA) to their employees to offset rising healthcare costs. While HSAs are employee-owned accounts, many emp …
Top 25 health insurance companies in the U.S.
How to calculate modified adjusted gross income (MAGI)
What percent of health insurance is paid by employers?
