This extension is basically identical to the extension the IRS provided for last year, including encouragement for employers and other coverage providers to furnish the Forms “as soon as they are able.”
As the holding pattern continues, employers may wish to review their incentives to determine whether any changes are warranted as the existing wellness plan incentive “safe harbor” is vacated.
Here’s a refresher for retirement and health and welfare plan sponsors. It's a relatively short list of employee benefit changes that begin on or around January 1, 2019.
Findley Focus is published by Findley to provide general information about recent developments and current topics in employee benefits. The information provided is a summary and should not be relied upon in lieu of the full text of a particular law, regulation, notice, opinion, legislative proposal or other pertinent information, and the advice of your legal counsel. Findley does not practice law or accounting, and this publication is not legal or tax advice. Legal issues concerning your employee benefit plans should be discussed with your legal counsel.
