Benefits Snapshot - 10/25

Written by Allison Loehman | October 26, 2017

IRS Benefit Limits / ACA Executive Order / Product Updates

Every day on our LinkedIn, Twitter, and Facebook pages, we share need-to-know industry information for benefits pros. If you haven't joined the experts who follow us, here are the top stories from around the web:


IRS Benefit Limits

The IRS announced the updated benefit limits for 2018 plans. Our compliance expert, Larry Grudzien, covered everything you need to know. We also created this handy printable infographic for a quick-reference guide you can use all year long.

ACA Executive Order

On October 12, Trump signed an Executive Order to "reform the United States healthcare system to take the first steps to expand choices and alternatives to [ACA] plans," according to a press release. While the Executive Order has far-reaching goals, the IRS reminded employers earlier this year that orders like this one do not have the weight of law - they are directions to government agencies. Employers still must comply with the ACA reporting requirement. Be sure to join our next webinar on November 19 for a refresher on everything you need to know for ACA compliance.

Product Updates

At this year'sHR Technology Conference in Las Vegas, weunveiled Version 5.0 of the My Benefit Express platform. Among the updates is the BeneFITwise intelligence guide, our advanced decision support tool. We're not done yet - be sure you're subscribed to be the first to know about future updates!

Topics: For Employers