ACA Requirements Checklist
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Summertime ACA Chores 2015 Form 1095-C/1094-C Confirm strategy by: 8/1/15 2018 Cadillac Tax Mitigation Begin letting employees know that FSAs might go away. Consider the impact of retiring any Health Reimbursement Arrangements (HSAs). Evaluate the impact of ceasing employer HSA contributions. If allowing employees to contribute to HSA's pre-tax via your Section 125 plan, consider if you would facilitate after-tax contributions. Make sure Dental & Vision plans meet the definition of Excepted. Confirm if your payroll vendor will prepare, distribute and e-file these forms. If they will not, hire a specialty firm best suited for your situation. For self-funded plans, confirm that dependent SSNs are housed in your system. If not, establish a plan to obtain them. Reminder! Complete initial preparation by: 9/1/15 - Payroll & specialty vendors will likely stop taking new orders by late summer. - If you're not completing W-2s by hand, why complete these forms by hand?
Transcript of ACA Requirements Checklist
SummertimeACA Chores
2015 Form1095-C/1094-CConfirm strategy by: 8/1/15
2018 CadillacTax Mitigation
Begin letting employees knowthat FSAs might go away.
Consider the impact of retiringany Health ReimbursementArrangements (HSAs).
Evaluate the impact of ceasingemployer HSA contributions.
If allowing employees tocontribute to HSA's pre-tax viayour Section 125 plan, considerif you would facilitate after-taxcontributions.
Make sure Dental & Visionplans meet the definition ofExcepted.
Confirm if your payroll vendorwill prepare, distribute ande-file these forms.
If they will not, hire a specialtyfirm best suited for yoursituation.
For self-funded plans, confirmthat dependent SSNs arehoused in your system. If not,establish a plan to obtain them.
Reminder!
Complete initial preparationby: 9/1/15
- Payroll & specialty
vendors will likely stop
taking new orders by late
summer.
- If you're not completing
W-2s by hand, why
complete these forms by
hand?
