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People Risk Management Today

Tips for Preparing Form 5500

At this time of year, many employers and benefit advisors begin preparing Form 5500, the annual report required for most employee benefit plans. Form 5500 must be filed with the...
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IRS Announces HSA Limits for 2021

On May 20, 2020, the Internal Revenue Service (IRS) released Revenue Procedure 2020-32 announcing the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2021. An HSA is...
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COVID-19 and Employee Benefits Plans

The ongoing COVID-19 pandemic has created new and unique challenges for employers, their workers, and their businesses. ThinkHR has been on the front lines, supporting employers with HR and Benefits...
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Update on ACA Health Plan Fees

Recent legislation affects several types of health plan fees under the Affordable Care Act (ACA). Some fees are eliminated, while a minor one that was scheduled to expire will be...
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