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Employee Benefits Articles

20
Jan
New Stand-alone HRA Option Available for Eligible Small Employers

Due to the Affordable Care Act (ACA), most stand-alone health reimbursement arrangements (HRAs)—an HRA that is not offered in conjunction with a group health plan—have been prohibited since 2014. However, on Dec. 13, 2016, the 21st Century Cures Act (Act) was signed into law, which allows small employers that do not maintain group health plans […]

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20
Jan

Employer-sponsored leave-sharing programs enable employees to share their paid leave time with other employees who need additional time off. Employer-sponsored leave-donation programs allow employees to forgo their paid leave time in exchange for cash donations made by the employer to charities. Tax Considerations Unless the program meets IRS guidelines, the donated leave will be taxable […]

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