In its spring regulatory agenda, the U.S. Department of Labor (DOL) shared that it intends to issue a proposed overtime rule in May 2023. According to the regulatory agenda, this proposed rule is expected to address how to implement the exemption for executive,...
On April 10, 2023, President Biden signed a resolution ending the COVID-19 national emergency that has been in place since 2020. This Compliance Video explains further.
When a plan participant or beneficiary has Medicare and other health insurance, such as group health plan insurance, retiree coverage or Medicaid, there can often be confusion as to which insurance pays first on claims. Coordination of benefits (COB) rules, which are...
On March 9, 2023, the IRS released updated penalty amounts for 2024 related to the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA). For calendar year 2024, the adjusted $2,000 penalty amount is $2,970 and the adjusted $3,000...
Many workers are paying greater attention to their benefits and wondering how to stretch their dollars further. While many employers are familiar with health savings accounts (HSAs) and flexible spending accounts (FSAs), lifestyle spending accounts (LSAs) are an...
Co-founded by Chrystine Heier in 1998, Sullivan Benefits serves the ever-changing employee benefit needs of today’s mid-sized employer. To learn more about us and our approach, take a stroll through our site and learn about our BluePrint process designed to maximize every dollar you spend on employee benefits.
