IRS

The Risk of Employers Making Plan Benefit Exceptions

The Risk of Employers Making Benefit Plan Exceptions Employers occasionally run into scenarios for which they consider making benefit exceptions. For example, waiving waiting periods, permitting mid-y...

PCORI Fee Reminder - Updated IRS Form 720

PCORI Fee Reminder – Updated IRS Form 720 The IRS released the updated Form 720 for the second quarter of 2025 with updated dates and fees on Line 133 for reporting the PCORI fee. Employers who sponso...

IRS Releases 2026 Limits for HDHP Values, HSA and Excepted Benefit HRA Limits

IRS Releases 2026 Limits for HDHP Values, HSA Limits, and Excepted Benefit HRA Limits The IRS recently released IRS Rev. Proc. 2025-19 announcing some employee benefit plan contributions and limits f...

Amwins Connect - May 2025 Question of the Month

Amwins Connect – May 2025 Question of the Month QuestionCan employers reimburse employees for Medicare premiums? Answer Under certain circumstances, yes, employers can reimburse employees for Medicare...

Important Update - Form 1095 Distribution - Posting Notice of Availability

Form 1095 Distribution – Posting Notice of Availability Last December, the Paperwork Burden Reduction Act was signed into law allowing employers to meet Form 1095 distribution requirements for the 202...

Amwins Connect - January 2025 Question of the Month

Amwins Connect – January 2025 Question of the MonthQuestionA plan sponsor/employer offers medical benefits, life benefits, disability benefits, and a Section 125 plan. Is plan documentation a requirem...

Extension of Employee Benefit Timelines Announced by DOL and IRS - Hurricane Relief

Extension of Employee Benefit Timelines – Hurricane Relief The Department of Labor (DOL) and the Department of Treasury (IRS) issued several notices extending time frames generally applicable under HI...

Yes, HRAs and HSAs Can Be Compatible

Yes, HRAs and HSAs Can Be Compatible Background Employers offering a high deductible health plan (HDHP) may want to offer HDHP participants a health reimbursement arrangement (HRA) to buy down the ded...

Compliance News Week Ending November 8, 2024

Compliance News Week Ending November 8, 2024 Benefit Nondiscrimination RulesIRS Notice 2024-80 Employers are generally permitted to differentiate benefits, eligibility, waiting periods and contribut...

Compliance News Week Ending November 1, 2024

Compliance News Week Ending November 1, 2024 ACA and IRS Limits for 2025 For the past few weeks, we have been publishing the different ACA and IRS limits for 2025 as they became available. Below is ...

November 12, 2024 Compliance Webinar Series Invitation

Reminder of November 12, 2024 Compliance Webinar InvitationAnnual Limits for HSAs, Health FSAs, and DCAPsAmwins Connect Insurance Services continues to be a proud sponsor of Summit Employee Benefits O...

IRS Announces More 2025 Inflation-Adjusted Amounts

IRS Announces More 2025 Inflation-Adjusted Amounts Text of IRS Rev. Proc. 2024-40 Employee Health Insurance Expense of Small Employers (Section 2.10 in Text)For taxable years beginning in 2025, the d...