Sarah Lockwood Church

Published: March 15, 2018

For employers that maintain High Deductible Health Plans paired with Health Savings Accounts, the annual contribution limit previously announced by the IRS has been reduced for participants with family coverage under a HDHP.  The change is reflected in IRS Notice 2018-18 and is the result of applying a different method for determining the Inflation Adjusted Amount, as required under the Budget Act recently passed by Congress.  While the change is small, a reduction of $50 for the year, this will impact elections made by participants who wanted to “max out” for the year, requiring

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Dasha G. Brockmeyer and Sarah Lockwood Church and Paul A. Kasicky and Robert H. Louis

Published: January 16, 2018

Members of Saul Ewing Arnstein & Lehr’s Tax and Employee Benefits and Executive Compensation Practices have outlined the recently announced 2018 dollar limits on the Social Security Wage Base, compensation and deferrals for retirement plans, and health and welfare plans, as well as PCORI fees, Medicare Part B premiums, and the Social Security full retirement age. Please click here to view a chart comparing the dollar limits for 2017 and 2018.

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Sarah Lockwood Church

Published: November 15, 2017

Include all necessary interested parties in the process. This means including individuals with decision-making authority from Human Resources, Benefits, Labor Relations (if applicable), Finance, Payroll, and Legal. A collaborative effort will ensure that there is a clear understanding of the desired scope of services.

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Dasha G. Brockmeyer and Sarah Lockwood Church and Paul A. Kasicky and David Strosnider

Published: November 13, 2017

​The Affordable Care Act or ACA (a/k/a “Obamacare”) is not dead, yet. On November 2, 2017, FAQs 55-58 appeared, without fanfare, on the IRS’ ACA website. These FAQs outline the process the IRS will use to notify an applicable large employer (“ALE”) that a penalty under the employer mandate is being assessed. That notice will come in the form of a letter (Letter 226J), and assessment will be made based, in part, on the ALE’s reporting on IRS Forms 1094 and 1095.

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