Prepare to Use the Newly Issued I-9 Form
Date: February 24, 2020
Topic: Benefits Administration, Benefits News
A new version of the I-9 employment eligibility verification form has been issued and will become the mandatory standard on May 1, 2020. Through April 30, employers may choose to use the previous edition dated July 17, 2017, but our recommendation...
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IRS Extends 1095-C Issuance Deadline, Offers New “Relief”
Date: December 3, 2019
Topic: Benefits News, Health Care Reform
On December 2, 2019, the Internal Revenue Service (IRS) extended the deadline to provide copies of Form 1095-C for 2019 to full-time employees. The extension pushes the issuance deadline back 30 days to March 2, 2020. The original issu...
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IRS Announces NEW FSA Maximums for 2020
Date: November 7, 2019
Topic: Benefits Administration, Benefits News
The IRS released the 2020 annual inflation adjustments. Effective January 1, 2020, the new annual Health Care FSA maximum contribution will increase to $2,750. The new monthly maximum contributions for Qualified Transportation plans will be ...
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People Solutions Require People Analytics: The Importance of Data-Driven HR Practices
Date: October 23, 2019
Topic: HR Consulting
At a time when robust data aggregation technology is not only available but also affordable, HR departments are not taking full advantage of the value these systems provide. In 2018, a survey by AIHR Analytics found that HR metrics and analy...
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DOL Finalizes New Overtime Rule: Here’s What To Make Of It
Date: October 22, 2019
Topic: Benefits News, BeneTips
It’s time to sharpen your pencils (again)! The Department of Labor (DOL) has finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. This increase is slightly higher than the $35,308 threshold p...
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Registration Open for the 2019 Insurance Hot Topics Seminar in Philadelphia
Date: September 4, 2019
Topic: Company News
Join us for a full day of accounting, financial and operational updates and guidance for insurance companies. Join Baker Tilly’s insurance specialists, and speakers from Kin Insurance, Vanguard and Baker Tilly Vantagen to gain professional insig...
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myFlexDollars Upgrades Win Award
Date: July 23, 2019
Topic: Benefits News, Company News
Baker Tilly Vantagen was honored with the “Solution Visionary Award” at the WEX SPARK Health 2019 partner conference. The CEO of WEX Health specifically recognized our efforts to bring cutting edge customization to our consumer platfor...
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A Year In Review: Account Services and COBRA
Date:
Topic: Benefits News, Company News
We want to say thank you for your partnership and share what we’ve been up to for the past year. Check out our impressive Account Services and COBRA scorecard to see how we rank against other administrators. Let the numbers speak for thems...
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Successful Succession Planning: Moving Up When Keys Move On
Date: June 28, 2019
Topic: HR Consulting
The loss of key talent can bring an organization’s growth to a standstill. More often than not, management doesn’t know its operations and productivity may grind to a halt until it’s too late. Today’s top companies all face the...
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GROW 2019 Recap
Date: May 30, 2019
Topic: Company News
New York Times best-selling author and speaker Gretchen Rubin joined nearly 150 professional women and men from the tri-state to inspire us to achieve inner calm through the creation of outer order. Through her personal stories and anecdotes, Gret...
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NEWSFLASH! IRS Announces Increase to HSA Contribution Limits
Date: May 29, 2019
Topic: Benefits News, BeneTips
The IRS announced an increase to the maximum HSA contribution limits for the 2020 calendar year in Revenue Procedure 2019-25. The individual contribution limit has been raised from $3,500 to $3,550. The family contribution limit has been raised fr...
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Proposed or Not, IRS ACA Penalty Notices Warrant Call To Action
Date: May 16, 2019
Topic: BeneTips, Health Care Reform
The number of instances whereby our clients are receiving notices for alleged non-compliance with the ACA’s Employer Shared Responsibility (ESR or “pay or play”) mandate is on the rise. The most common notice being received is IRS Letter 226...
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