The end of open enrollment, December 15th for most health insurance plans, including coverage through the US Health Insurance Marketplace, is quickly approaching. We at ABD want to make sure you have the information you need to make the best choice for you and your family. First, let’s start with the basics. A premium is […]
ABDers are passionate about giving back to the community. Through our annual golf tournament, we’ve raised over $350k for the American Cancer Society and 85% of our team members volunteer for or support financially over 125 organizations. This week, two of ABD’s senior executives share how they give back with their families. And, because they’re […]
ABD Gives Back! ABDers are passionate about giving back to the community. Through our annual golf tournament, we’ve raised over $350k for the American Cancer Society and 85% of our team members volunteer for or support financially over 125 organizations. During the month of December, we’ll spotlight team members and how they give back during […]
Question: Employer’s open enrollment period recently closed for a 1/1 plan year start date. An employee says she missed the OE deadline by mistake and needs to change her health plan election. Can the employee change her health plan election before the plan year starts—even though OE has closed? Compliance Team Response: As described below, […]
It’s becoming more apparent to employers that happy and healthy employees make for a more productive workforce. Helping employees navigate life in and outside of the workplace will benefit both your business and bottom line. Let’s look at three wellbeing programs that should be given consideration when planning for 2019: Mindfulness Training. With an increasing […]
In what’s quickly becoming an annual holiday tradition, today the IRS issued IRS Notice 2018-94 extending the deadline for providing the 2018 Forms 1095-B and 1095-C to individuals by 30 days. This Notice mirrors the same 30-day extension for the 2017 and 2016 ACA reporting. The 2018 ACA reporting deadlines are now as follows: 2018 Forms 1095-B and 1095-C: […]
With Black Friday and Cyber Monday behind us, holiday shopping season is officially in full swing. And while we’re undeniably excited for a month of spending, gifting, traveling, attending parties, and visiting with friends and family, here at ABD we’re most excited for a month of giving back to our community. We’re kicking off our […]
Thanksgiving is right around the corner, and so is the stressful holiday season. Black Friday, Cyber Monday, Small Business Saturday, how does anyone make to January with any money left over in their checking account? The holidays can trigger a lot of anxiety around money, when all we really want is peace and joy. Believe […]
Question: Do employees need to make a new health FSA election for the upcoming plan year at open enrollment to have access to the $500 carryover? Compliance Team Response: Default Rule: Access to Health FSA Carryover Regardless of Subsequent Plan Year Election For health FSAs that offer the $500 carryover, the default position is the […]
As we look out on the smoke enveloping San Francisco from the ABD office for the second week in a row, we can’t help but think of our Bay Area clients, friends, and neighbors affected by the Camp Fire and our neighbors to the south who have also been affected by devastating wildfires. As the […]
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