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The Latest From Pentra

Information on our events, webinars and regulatory announcements can be found here. If you have any questions or would like to request more information or copies of material, please contact Pentra today.

January 23, 2018 | DOL Announces April 1 Applicability of Final Disability Plan Claims Procedure Regulations | Read Full Article
The U.S. Department of Labor (DOL) announced its decision for April 1, 2018, as the applicability date for ERISA-covered employee benefit plans to comply with a final rule (released in December 2016) that imposes additional procedural protections (similar to those that apply to health plans) when dealing with claims for disability benefits.
January 4, 2018 | Employee Benefit Changes in the Tax Cuts and Jobs Act of 2017 | Read Full Article
On December 22, 2017, President Trump signed what is popularly known as the Tax Cuts and Jobs Act (H.R. 1) (the “Bill”), overhauling America’s tax code for both individuals and corporations and providing the most sweeping changes to the U.S. Tax Code since 1986. The House and Senate Conference Committee provided a Policy Highlights of the major provisions of the Bill, and the Joint Committee on Taxation provided a lengthy explanation of the Bill.
December 28, 2017 | Court Vacates EEOC’s Wellness Program Incentives Rules Effective January 1, 2019 | Read Full Article
In an opinion dated December 20, 2017, in American Association for Retired Persons (AARP) v. EEOC, the federal court in the District of Columbia vacated, effective January 1, 2019, the portions of the final regulations that the EEOC issued last year under the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA) addressing wellness program incentives.
December 27, 2017 | IRS Extends Deadline for Furnishing Forms 1095, Extends Good Faith Transition Relief | Read Full Article
The Internal Revenue Service (IRS) has released Notice 2018-6, extending the deadline for furnishing Forms 1095-B and 1095-C to individuals from January 31, 2018 to March 2, 2018, as well as penalty relief for good-faith reporting errors.
November 21, 2017 | Massachusetts Releases Proposed Regulations on EMAC Supplement; HIRD Form Returns | Read Full Article
On August 1, 2017, Massachusetts Governor Charlie Baker signed H.3822, which increases the existing Employer Medical Assistance Contribution (EMAC) and imposes an additional fee (EMAC Supplement) on employers with employees covered under MassHealth (Medicaid) or who receive subsidized coverage through ConnectorCare (certain plans offered through Massachusetts’ Marketplace).