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New Year, Fresh Start

Thursday, January  3,  2019

2019 is in full swing and it’s the time of year that we get to designate as a fresh start and new beginnings. It’s a tradition in which we resolve to change an undesired trait or behavior, to accomplish a personal goal or otherwise improve our health and life in general. About 40% of Americans … Continue reading

Innovative Welcomes Shemelia McClain as Executive Account Manager

Wednesday, January  2,  2019

Innovative Benefit Planning is excited to welcome Shemelia McClain as our new employee benefit Executive Account Manager. Shemelia brings to Innovative more than 20 years of experience as an account manager and leader in the employee benefits industry.  In her new role as Executive Account Manager, Shemelia will be responsible for strengthening and maintaining Innovative’s … Continue reading

The IRS Increases the PCORI Fee

Monday, December  24,  2018

The Internal Revenue Service announced that the Patient-Centered Outcomes Research Institute (PCORI) fee will rise to $2.45 (from $2.39) per covered life in plan years that fall between October 1, 2018, and September 30, 2019.  This increase will have an impact on 2019 plan year rates and is attributable to a rise in health care … Continue reading

Tax Credit Check from Horizon

Friday, December  21,  2018

Attention Horizon customers! You may have received or will receive shortly, a check in the mail from Horizon regarding a tax credit refund check. Note, this is a legitimate check and you can use these funds however you see fit. Why are you receiving this check? In late 2017, the Federal Tax Reform was enacted … Continue reading

Retirement Match on Student Loan Debt- UPDATE

Friday, December  21,  2018

In October we reported on a Private Letter Ruling the IRS issued for an employer interested in offering a student loan repayment benefit through their 401(k) plan.  While the ruling only applied to the plan and plan sponsor who requested it, we suspected at the time that the ruling would most likely expand interest in … Continue reading