Employee benefits are designed to attract and retain the highest quality employees. Yes, they can be expensive and yes, the cost seems to go up each year. If we look at the benefits as an investment toward finding and keeping the right people,… Read more→
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2019. Employers should review their plan documents… Read more→
On Jan. 22, 2018, President Donald Trump signed into law a short-term continuing spending resolution to end the government shutdown and continue funding through Feb. 8, 2018. The continuing resolution impacts three taxes and fees under the Affordable Care Act… Read more→
The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties. These letters clarify that: Employer shared responsibility penalties continue to apply for applicable large… Read more→
by Marcus Newman, GCG Financial On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA)…. Read more→
By GCG Financial. This whitepaper contains a breakdown of Health Savings Accounts and what they mean for employers and their employees. Consider this to be an all-in-one compliance overview of the pros and cons that come with Health Savings Accounts.
I’ve had the great opportunity to be a fellow strategic partner and client of Marcus Newman of GCG Financial. We’ve only known each other for a few years, however it feels like a life-long friendship because of the energy and… Read more→
Right before January 1, 2014, when the Affordable Care Act (ACA) was to go into effect for SMALL BUSINESSES, President Obama’s administration announced a transitional relief program that would let states and insurance companies allow these small group policies to… Read more→
The answer is a very simple NOT RIGHT. The Affordable Care Act (ACA) has requirements for ALL business sizes. Some of the requirements you have heard about – but some you probably haven’t. After six years of this healthcare law,… Read more→
Let’s go in order: 20, 20, 50 ATNE, 150 20 Employees: Twenty is an important number in many ways. The most well-known is the difference between State Continuation and COBRA Continuation. Under 20 employees continuation is governed by state law… Read more→
