Compliance Corner
May 15, 2018

Announcements

Podcast Episode 30: TBD
May Webinar Series — Register Now

Health Care Reform

IRS Releases Publication 5208: Determining If You Are an Applicable Large Employer
IRS Releases Additional Guidance for Small Business Health Care Tax Credit
Final Regulations Related to Emergency Services
CSR Report: Federal Requirements on Private Health Insurance Plans

Federal Health Updates

IRS and DOL Announce Semi-Annual Regulatory Agenda
IRS Tax Reform Tax Tip 2018-69: How the Employer Credit for Family and Medical Leave Benefits Employers
IRS Publishes 2019 HSA Contribution Limits and Qualifying HDHP Deductible and Maximum Out-of-Pocket Limits

Retirement Updates

DOL Releases Field Assistance Bulletin Following Fiduciary Rule Revocation

State and Territory Updates

AZ, CA, CO, IA, MD, MA, NH, NY, OK, WI

FAQs

Can an employee have an FSA and an HSA in the same calendar year?


ANNOUNCEMENTS

Podcast Episode 30: HSA Limits and Potential HSA Expansion Legislation

In this episode, Chase Cannon and K.C. Barner – in his podcast debut – discuss some recent announcements and adjustments from the #IRS on #HSA contribution limits. The two discuss the mid-year changes to the 2018 maximum family HSA contribution limits — and what employers and HSA account holders should do in response to those changes. Then Chase and K.C. dive into some legislation that’s been introduced in Congress regarding changes to the HSA rules, including:

  1. Clarifications on what constitutes “impermissible coverage” (including telehealth and onsite medical clinics)
  2. A clarification that expenses for dependents up to age 26 can be reimbursed from an HSA
  3. Some expansion on the types of expenses that can be paid out of an HSA (including gym memberships and home gym equipment)

Chase closes with a discussion of issues that aren’t currently included, but which would be nice to include in the final version, including how HSA eligibility interacts with #Medicare entitlement and direct primary care #DCP arrangements.

Every other week, NFP's legal experts make the subject of compliance personal for a wide audience. By breaking down the daunting details of emerging policies and bridging the gap between legislation and what it means for the listener, Chase Cannon and Suzanne Spradley make compliance issues relatable and relevant. Visit our Visit our Soundcloud page every two weeks for the most up-to-date episode.

Subscribe to The Benefits Compliance Podcast! Listen on Google Play Music

May Webinar Series — Register Now

NFP’s Benefits Compliance team is hosting its next series of webinars in May. Remaining training dates are May 16 and May 23, 2018, at 3:00 p.m. ET. Register now for “Navigating the Minefield of Wellness Plan Compliance” and “LGBT Benefits Considerations Post-Obergefell.”

The team reserves the right to change training topics in the event of significant legislative, judicial or regulatory developments.

Can’t make a live webinar? A recording of each session will be posted to the NFP Client Learning Portal within 48 hours of the live webinar. Those listening to a recorded webinar aren’t eligible for recertification credit.

The speaker will answer as many questions as possible during the webinar. If your question isn't answered by the end of the webinar, reach out to your advisor for assistance.

Webinars

Navigating the Minefield of Wellness Plan Compliance
May 16
Register Now »
 
Add to Calendar »
LGBT Benefits Considerations Post-Obergefell.
May 23
Register Now »
 
Add to Calendar »

All programs are pending approval for 1.5 (general) recertification credit hours toward PHR, SPHR and GPHR recertification through the HR Certification Institute. For more information about certification or recertification, visit the HR Certification Institute website at www.hrci.org.