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 FSA, QTP limits for 2020

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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New overtime rule effective January 2020 increases the salary threshold for overtime pay, making over a million more workers eligible.

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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Baker Tilly Vantagen's myFlexDollars and myFlexDollars.com platform wins award for outstanding consumer experience.

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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Baker Tilly Vantagen reveals high scores when compared against FSA, HSA, HRA, and Commuter Benefits Administrators as well as COBRA and Leave of Absence (LOA)benefits administrators.

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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IRS announces increase to HSA contribution limits for 2019

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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New Jersey Implements First State-wide Commuter Benefits Ordinance

Date: March 27, 2019

Topic: Benefits News, BeneTips

If you are an employer who employs at least 20 people in the state of New Jersey, you are now required to offer pre-tax commuter benefits to your employees. NJ is the first state to pass such an ordinance. Though the ordinance is effective immedia...

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New Jersey (NJ) enacts a health care individual mandate in 2019.

New Jersey Individual Mandate Latches On To Federal Reporting Obligations

Date: February 15, 2019

Topic: Benefits News, BeneTips, Health Care Reform

In late January, the state of New Jersey posted new information about its individual health insurance mandate that went into effect on January 1 of this year.  Of interest to most impacted employers are the tactics and mechanics associated with h...

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IRS Announces NEW FSA Maximums for 2019

Date: November 16, 2018

Topic: Benefits News, BeneTips

On Thursday, November 15, 2018, the IRS released the 2019 annual inflation adjustments.  Effective January 1, 2019, the new annual Health Care FSA maximum contribution will increase to $2,700. The new monthly maximum contributions for Qualifie...

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Patient-Centered Outcomes Research (PCOR) Fee Adjustment Announced for 2019

Date: November 13, 2018

Topic: Benefits News, BeneTips

The IRS has announced the new PCOR fees for plan and policy years ending on or after October 1, 2018 and before October 1, 2019.  The fee has experienced a $0.06 increase; up to $2.45 from the amount previously in effect. This fee is analyzed on...

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