News Room

  • Regulatory News

    • Agencies issue final regulations expanding use of HRAs

      The IRS, DOL, and HHS have jointly issued final regulations that expand the availability and permitted use of HRAs, finalizing proposed regulations that were originally issued in 2018. The final regulations are generally applicable for plan years beginning on or after January 1, 2020 and offer the following:- Individual Coverage HRAs: an alternative to traditional group health plan coverage, subject to certain conditions. Among other medical care expenses, Individual Coverage HRAs can be used to Read More…

    See all Regulatory News...…

  • 401(k) News

    • IRS updates procedures for letter rulings, determination letters, and other guidance

      The IRS has updated and restated its revenue procedures governing letter rulings, determination letters, and other guidance, including guidance about employee benefit plans. Rev. Proc. 2019-1 explains the forms of advice that the various IRS counsel offices provide and how taxpayers can request that advice. Relatively few changes have been made for 2019. The procedure can no longer be used to request waivers of the excise tax for failure to give timely notice of a significant reduction in the ra Read More…

    See all 401(k) News…

An image of a Lifetime benefit solutions associate pointing to a post it note explaining a quote that was given to a client.

Benefits programs built around you.

We provide a laser-focus on the critical elements of any successful benefit program. Effective design; clear, concise communication; and dependable, ongoing administration and compliance, mapped to each company's individual needs and workforce. Call 1-800-356-1029 or

Get A Quote

 

Lifetime Benefit Solutions is a national leader in developing and delivering health-related benefits plans – partnering with our customers to deliver value and promote employee health and wellness.

Flexible employee benefit programs, intelligently and creatively customized to your company’s unique situation.