Introducing Origin, Sequoia’s New Solution to Better Unlock the Value of Employees’ Total Rewards
Finances are the biggest source of employee stress – more than jobs, health, and relationships combined. We are helping our 401(k) ...
Benefits
Federal Agencies Announce Deferred Enforcement for Certain Transparency in Coverage Rules Set to Go into Effect on January 1, 2022
On August 20, 2022, and the Departments of Treasury, Labor, and Health and Human Services (the Departments) issued FAQs regarding the implementation ...
New FAQs Remind Plans that PrEP Medications and Associated Monitoring Services Must be Covered Without Cost Sharing
On July 19, 2021, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively referred to as “the ...
Required Employer Action before the ARPA COBRA Subsidy Period Ends
As discussed in our prior post, the American Rescue Plan Act (ARPA) provides free COBRA coverage to “Assistance Eligible Individuals” (“...
[Updated] IRS Releases Guidance on ARPA Paid Leave Tax Credits
Recently, the Internal Revenue Service (IRS) released brief guidance on how employers can obtain tax credits for providing qualified paid ...
Telework Amendment to the San Francisco Health Care Security Ordinance (HCSO) Expands Definition of Covered Employees
On July 2, 2021, San Francisco Mayor London Breed signed an amendment to the San Francisco Health Care Security Ordinance (SF HCSO), ...
[Updated] Get Ready for Washington State’s New Long-Term Care Program
Employers with Washington employees should start preparing for the Washington Long-Term Services and Support Program (“Program”), which requires employers to ...
IRS Releases Highly Anticipated ARPA COBRA Subsidy Guidance
This article was curated and further revised by the Sequoia Compliance Team and posted in partnership with Marathas Barrow Weatherhead...
CMS Releases 2022 Final Rule: Changes to Special Enrollment Periods, ACA Out-of-Pocket Maximums, & MLR Calculations
On April 30, 2021, the Centers for Medicare and Medicaid Services (CMS) released part 2 of the 2022 Notice of...
IRS Releases 2022 HSA & HDHP Limits
The IRS just released Rev. Proc. 2021-25, which outlines the inflation adjusted amounts for 2022 relevant to health saving accounts...
IRS Releases Guidance on Taxation of Dependent Care FSA Funds Provided Pursuant the Special COVID Relief
In response to the COVID-19 public health emergency, Congress passed a provision in the Consolidated Appropriations Act of 2021 (CAA),...
401(k) Fireside Chat: Plan Audit and 5500 Filing
401(k) audit season is quickly approaching. we’ve prepared answers to common questions our team fields this time of year.
