Beginning January 1st, 2019, New Jersey enacted the “New Jersey Health Insurance Market Preservation Act” requiring New Jersey residents to maintain minimum essential health coverage. This means that all applicable large employers (ALEs), must file 1094-C returns to New Jersey for the 2019 Tax Year and beyond.   The law requires a New Jersey state resident...
The IRS released contribution limits for 2020 as part of Revenue Procedure 2019-44. These include 2020 Flexible Spending Account (FSA) contribution limits and 2020 Commuter Benefits contribution limits. They are as follows: If you have any questions regarding these changes, please reach out to your Brio contact.
Work with one dedicated team on all of your sponsored employee benefits. Like many successful business owners, you’ve worked tirelessly to make your business what it is today. At Brio, we’re here to help you achieve your goals. Employee benefits can help you attract and retain top talent but could mean extra work and challenges...
Brio Benefit Consulting Joins Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies–the Inc. 5000 On August 14, 2019, Inc. magazine announced that Brio Benefit Consulting was named on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies...
  The Department of Labor (DOL), the Department of Health and Human Services (HHS), and the Department of Treasury published final rules that removed the prohibition against integrating a health reimbursement arrangement (HRA) with individual health insurance coverage and recognized certain HRAs as limited excepted benefits. A U.S. District Court issued a permanent injunction against the...
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