5500 Extension Due to COVID – 19 5500 Extension due to COVID-19? A limited extension for filing Form 5500 has been granted in connection with the COVID-19 emergency, but it does not extend the deadline for the 2019 …

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Benefit Plan Timeframe Extensions On May 4, 2020, it was announced by the U.S. Department of Labor and the U.S. Department of the Treasury that due to the COVID-19 national emergency, a Final Rule has been issued under …

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The Cares Act The CARES ACT (Covid-3 Stimulus Bill) that was recently passed by Congress and signed into Law by the President Permanently reinstates coverage of OTC (Over the Counter) drugs and medicines as eligible for reimbursement from …

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What is an HRA? Health dollars now, more than ever, need to go further and with an HRA they can. Through a Health Reimbursement Arrangement (HRA), tax-free money from your employer is received to cover medical expenses that …

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What is Cobra? COBRA stands for “The Consolidated Omnibus Budget Reconciliation Act of 1985”. It is the federal law that requires certain employers to offer their employees (and their qualified beneficiaries) continued coverage in the companies group sponsored medical …

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5 Reasons HSAs are Popular 1 – HSAs are Popular – Especially Among Millennials High deductible health plans (HDHPs) have become more common to control premium costs while still endorsing smarter healthcare spending. 2,500 companies were surveyed by …

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