IRS Proposes Permanent Extension for Distributing ACA Reports
The IRS has issued proposed regulations, which if finalized, would extend the annual furnishing deadlines for Internal Revenue Code (IRC) Sections 6055 and 6056 reporting under the Affordable Care Act […]
How We Resolved One Client’s Self-Funding Worries Through Proprietary Confidence Projection
Client Industry: Technology Number of Employees: 240 Service Provided: Statistical risk analysis and probability projections. Challenges Our client had considered transitioning from fully insured to self-funding for several years. Although […]
Innovative Launches New Resource Page
All good things must come to an end and be replaced with something better! With that being said, Innovative Benefit Planning is thrilled to announce the launch of our new […]
OSHA Suspends Emergency Temporary Standard (ETS) Vaccine Mandate
On November 17, 2021, OSHA suspended the execution and enforcement of its Emergency Temporary Standard (ETS) mandating employers with 100 or more employees to implement mandatory COVID-19 vaccination and testing […]
5 Ways Employers Can Address Mental Health in the Workplace
Mental health is top of mind everywhere these days as about 20% of adult Americans report symptoms of mental illness according to the Centers for Disease Control. Workplace mental health […]
IRS Issues 2022 FSA and Commuter Limits
The IRS has announced the 2022 max contribution limits for FSA and Commuter accounts [Revenue Procedure 2021-45]. All FSA and Commuter plans (for the 2022 plan year) will be updated […]
October 2021 Compliance Recap
October was a relatively quiet month in the compliance space. While we are still waiting for the U.S. government to release the guidance on broker compensation disclosures, here are the […]
OSHA Issues Emergency Temporary Standard regarding COVID-19 Vaccine Mandate
On November 5, 2021, the Occupational Health and Safety Administration (OSHA) released the emergency temporary standard (ETS) requiring businesses with at least 100 employees to mandate employee vaccinations or wear […]
Innovative Investment Fiduciaries Receives CEFEX Certification for 3rd Consecutive Year
Over the years, we have worked hard to earn a trusted reputation, which is why we are honored to announce our certification renewal with CEFEX, the Centre for Fiduciary Excellence, […]
Innovative Saves Company From a $440,000 Renewal Increase with 45 Days Till Renewal
Challenges A construction company with 100 employees was facing a 29 percent renewal increase for its employee benefits package. The additional cost, which was over $440,000, was much more than […]
