AEI 2021 Premium Assistance Credit Report Instructions Can Be Found Here.
Corporate News
Lifetime Benefit Solutions Recognized by WEX for Outstanding Achievements
Posted on: 5/20/2021 11:00 AM
Lifetime Benefit Solutions has been honored by WEX (NYSE: WEX), with a 2020 Partner Award for outstanding business achievements. Lifetime Benefit Solutions recently received the COBRA Partner of the Year Award from WEX, a leading financial technology service provider across a wide spectrum of sectors, including fleet, corporate payments, travel, and health.… Read More
COVID-19 News
2022 Limits for Health Saving Accounts and High-Deductible Health Plans
Posted on: 5/21/2021 10:35 AM
On May 10, 2021, the Internal Revenue Service (IRS) announced (see Revenue Procedure 2021-25) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs) and high-deductible health plans (HDHPs).… Read More
Regulatory News
American Rescue Plan Act of 2021: AEI 2021 Premium Assistance Credit Report is Now Available
Posted on: 7/26/2021 2:30 PM
Reporting is now available for employer groups that need to file for a tax credit against their share of the Medicare payroll taxes for the subsidized premium amounts paid for any Assistance Eligible Individual (AEI) from April 1, 2021 to September 30, 2021. If you have access to the Employer Portal, please see the step-by-step directions on how to generate and download the report. For those without access to the Employer Portal, if you have not received your report before filing, please reach… Read More
Retirement News
Setting Every Community Up for Retirement Enhancement (SECURE) Act
Posted on: 2/20/2020 4:21 PM
On December 20th, 2019, the Secure Act was signed into Law, a bill to help employers implement retirement plans for their employees. Please find below some of the many changes, affecting qualified retirement plans, brought about with this bill:• Increase of tax credit limit for small employer pension plan start-up costs: Existing tax credit of $500 for a plan’s start-up costs has been increased to as much as $5,000 per year for the first three years, encouraging small employers to adopt plans.… Read More