The Affordable Care Act’s (ACA) Employer Mandate began on January 1st. The mandate requires that all businesses with over 50 full-time equivalent (FTE) employees provide health insurance for their full-time employees, or pay a per month “Employer Shared Responsibility...
The Internal Revenue Service has issued its 2015 standard mileage rate. Effective January 1st, 2015, the IRS standard rate will be 57.5 cents per mile driven for business purposes (an increase of one-and-a-half cents from the 2014 rate of 56 cents per mile). Use of...
With the Affordable Care Act, midterm elections, and other scheduled labor law changes, there are several new major pieces of legislation heading our way in 2015. Below is a summary of some of the key 2015 labor law updates and trends to keep in mind as we approach...
According to the IRS, many pension plan limitations will change for 2015 because the increase in cost-of-living met the statutory thresholds that trigger their adjustment. The 401K contribution limits for 2015 that participants can elect to contribute on a tax...
The Health Insurance Marketplace open enrollment begins on November 15 for individuals to enroll in non-employer sponsored plans for 2015. While employers are generally not greatly impacted by open enrollment for individual plans, there are a few reasons why employers...
Just around the corner is an immediate Affordable Care Act upcoming deadline – November 5, 2014. Fortunately that is not a difficult one to fulfill. The requirement is to get a “health plan identifier number,” or HPID. Small plans — those...