ACA APPROVAL DEADLINE

ACA APPROVAL DEADLINE

The roaring 20’s is upon us once again! With the new decade comes the end of 2019 – and ACA Reporting. Before you take a much-needed holiday break, PlanSource wants to ensure you are ready for March 2, 2020. The IRS has officially moved the deadline for 1095c filing and distribution to March...

Final Overtime Rule

Prepare Now! Big Changes Announced for Overtime Exemption Effective January 1, 2020, new overtime regulations will take effect from the US Department of Labor’s proposed FLSA changes. These changes aim to ensure that people are paid fairly for the amount of work they perform based on the classification of “Exempt Employee.” This change...

1095/4c Prep for 2019

Review the items below to ensure you are on track for 2019 ACA reporting season   To use links provided below in orange, log in to the HCM portal and navigate to: Administration > Benefits Admin > Administrator Portal Links provided below in blue will navigate to the portion in this document with...

W2 Box 12DD Health Benefit Reporting for ACA

A requirement of the Affordable Health Care Act is to report the combined cost of applicable health insurance coverage. The amount reported in Box 12 DD is not taxable, and used to provide employees with information on the cost of their health care coverage. This reporting is mandated to any employer with 50...