Insights | Employee Benefits

INSIGHTS

Kathy Prosser

INSIGHTS

Looking Ahead Part 2: The Pace of Change Accelerates in 2021

Learn how rapid change is a key theme in employee benefits this year with three specific strategies.

Kathy Prosser

Remote Work Presents Employers with New Challenges

Prepare your company for a decentralized workforce, which brings economic and cultural issues that may otherwise take you by surprise.

Compliance Alert: EEOC Issues Notice of Proposed Rulemaking Related to Wellness Programs

On January 7, 2021, the EEOC issued a Notice of Proposed Rulemaking on Wellness Programs Under the ADA and GINA. Learn more.

Looking Ahead, Part I: The Silver Lining for Employee Benefits in 2021

Read the blog series or listen to our podcast to learn how businesses changed strategies and met the great challenge the pandemic set, and how those strategies can serve you in 2021 and beyond.

Congress Passes a Second COVID-19-Related Stimulus Package

Congress has overwhelmingly passed a second COVID-19 stimulus package – the COVID-Related Tax Relief Act of 2020 (COVIDTRA) and the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTR), both part of the Consolidated Appropriations Act, 2021 (CAA, 2021). It has been reported that President Trump is expected to sign the bill in the coming days. The new stimulus package includes several employee benefits-related provisions relevant to health and welfare plans.

Compliance Alert: IRS Releases PCORI Fee For Plan Years Ending Before October 1, 2021

The IRS has recently set the applicable PCORI fee for plan years ending between October 1, 2020 and September 30, 2021.

WFH to WFA: Sustaining Remote Employee Wellness in 2021

Work From Home (WFH) and Work From Anywhere (WFA) are proving beneficial and will continue into 2021. Read more about how to promote wellness in 2021.

Managing Employee Financial Wellness Amidst the COVID-19 Pandemic

The pandemic has affected employees' lives on many levels, including their financial wellness. Are they living on the edge of financial ruin or have they made changes to lessen the potential impact? We found that employees are rapidly reconfiguring their lives to cope with new financial realities, and employers are in a unique position to help them.

Compliance Alert: IRS Maintains Health FSA Contribution Limit for 2021, Adjusts Other Benefit Limits

The IRS released Revenue Procedure 2020-45, which maintains the 2020 health FSA salary reduction contribution limit of $2,750 for plan years beginning in 2021. Read more about this, as well as other reminders and adjustments related to commuter benefits, adoption assistance, QSEHRA, and ACA reporting penalties.

Keeping Employees Engaged, Productive, and Healthy During COVID-19

How Woodruff Sawyer embraced COVID-19 challenges and developed new programs and benefits to keep employees focused, productive, and healthy.

Compliance Alert: IRS Extends Deadline for Furnishing Form 1095-C to Employees, Extends Good-Faith Transition Relief for the Final Time

The IRS has extended the deadline for furnishing 2020 Forms 1095-B and 1095-C to individuals. The Notice also provides penalty relief for good-faith reporting errors and suspends the requirement to issue Form 1095-B to individuals, under certain conditions.

Five Innovative Benefit Offerings for Today’s Workplace: Accelerate Webinar Recap

In our recent webinar, Accelerate: Emerging Solutions for the Future Workplace, five leaders pitched their innovative benefit offerings, VC style. Find out who won the coveted "best overall benefit" award.

Understanding Benefits Claims Costs for 2020

Woodruff Sawyer's Ryan Meissner sheds light on how employers can predict claims costs, claims impact on renewals, employer strategies, and more.