02 Feb

February 2018 TrussConnect

2017 ACA Reporting Requirements and Deadlines

A quick reminder that as a part of the Affordable Care Act (ACA), some employers are required to complete and send forms 1094/1095 to employees and the IRS at the end of each tax year.

Who has to report?

  • All Employers with 50+ Employees
  • ALL Self-Insured Employers (including carrier level-funded)

When are the 2017 forms due?

  • 1095 Forms to Employees: March 2, 2018
  • 1094 Forms to IRS: February 28, 2018

What can Truss do to help you?

Truss has partnered with DIY1095, a complete Do-It-Yourself form generation engine that delivers a simple, easy-to-use mechanism all to help you produce 1094/1095 forms.

  • What is the cost? $250 for employers with under 100 employees and $500 for employers with 100 or more employees.

If you have any questions about the ACA reporting or the DIY1095 product, please contact your Truss client advisor.

TrussU Presents: Preventing and Responding to Harassment, Keeping the EEOC Happy

Hosts: Jeff DeWolf, Practice Leader | Stephanie Moore, SPHR, Senior Consultant

February 27, 2018
12 p.m. – 1 p.m. CST

Unless you’ve been living on a different planet, you know that harassment is still alive and well in our society. Employers are obligated to provide a safe and respectful work environment for employees. To do this, the Equal Employment Opportunity Commission expects us to both prevent and respond to discrimination and harassment in our work places.

In this free webinar, we share our thoughts on best practices for demonstrating your commitment to preventing workplace disrespect and responding to it should it occur. While we’d like to keep the EEOC happy with our efforts, it’s the right thing to do to keep our employees happy with their experiences at work.

Space is limited to 50 participants.
One Professional Development Credit Available (HRCI and SHRM)

Register today at: https://www.eventbrite.com/e/truss-webinar-preventing-and-responding-to-harassment-tickets-42240084229 

Two West and Spencer Fane Present: Fiduciary 101

Join Two West Companies and Spencer Fane LLP as they help plan sponsors understand and comply with the strict legal obligations that apply to plan fiduciaries under the Employee Retirement Income Security Act (ERISA). Each webinar is pre-approved for one HRCI or Society for Human Resource Management (SHRM) recertification hour.

February 7, 2018
Noon CST 401(k) https://register.gotowebinar.com/register/4126647847074964483
1 p.m. CST 403 (b) https://register.gotowebinar.com/register/8976312162218220547

For a complete list of upcoming webinars visit http://www.twowestcompanies.com/boardroom-webinars/

 

Happy Valentine’s Day

Happy Valentine’s Day from your friends at Truss.

31 Jan

Truss Presents: Preventing and Responding to Harassment, Keeping the EEOC Happy

February 27, 2018
Noon – 1 p.m.

Hosts:
Jeff DeWolf, Practice Leader
Stephanie Moore, SPHR, Senior Consultant

Summary:
Unless you’ve been living on a different planet, you know that harassment is still alive and well in our society. Employers are obligated to provide a safe and respectful work environment for employees. To do this, the Equal Employment Opportunity Commission expects us to both prevent and respond to discrimination and harassment in our work places.

In this free webinar, we share our thoughts on best practices for demonstrating your commitment to preventing workplace disrespect and responding to it should it occur. While we’d like to keep the EEOC happy with our efforts, it’s the right thing to do to keep our employees happy with their experience at work.

Limited to 50 participants. One Professional Development Credit Available (HRCI and SHRM).

Register at: https://www.eventbrite.com/e/truss-webinar-preventing-and-responding-to-harassment-tickets-42240084229

29 Jan

We’re Hiring!

We are seeking driven people to join our benefits, loss prevention, and property and casualty teams. Join our growing team!

26 Jan

2017 ACA Reporting Requirements and Deadlines

A quick reminder that as a part of the Affordable Care Act (ACA), some employers are required to complete and send forms 1094/1095 to employees and the IRS at the end of each tax year.

Who has to report?

  • All Employers with 50+ Employees
  • ALL Self-Insured Employers (including carrier level-funded)

When are the 2017 forms due?

  • 1095 Forms to Employees: March 2, 2018
  • 1094 Forms to IRS: February 28, 2018

What can Truss do to help you?

Truss has partnered with DIY1095, a complete Do-It-Yourself form generation engine that delivers a simple, easy-to-use mechanism all to help you produce 1094/1095 forms.

What is the cost? $250 for employers with under 100 employees and $500 for employers with 100 or more employees.

If you have any questions about the ACA reporting or the DIY1095 product, please contact your Truss client advisor.

25 Jan

2018 Fiduciary Education Webinars

Join Two West and Spencer Fane LLP as the help plan sponsors understand and comply with the strict legal obligations that apply to plan fiduciaries under the Employee Retirement Income Security Act (ERISA) as well as applicable state laws.

Fiduciary 101 | February 7 | Register
A Fiduciary’s Approach To Investments | May 2 | Register
Fees & Fiduciaries | August 1 | Register
Fiduciary Hot Topics  | November 7 | Register

Each webinar is presented twice – once for 401(k) plan sponsors (Noon, CST) and once for 403(b) plan sponsors (1pm, CST).

We know you’re busy and these webinar times might not work for you. Good news! If you register for a webinar and cannot attend, the recording will automatically be emailed to you the day after so you can watch  at your convenience.

Due Diligence & Continuing Education

To help you document your fiduciary due diligence efforts, attendees will receive a certificate of completion following each webinar. Best practices suggest attending at least one webinar annually.

These webinars are also pre-approved for one HRCI or SHRM recertification hour.

17 Jan

We have BIG news!

We are excited to share our BIG news… we are moving midyear 2018! Check out these great photos from our #demoday and check back for updates! http://trussadvantage.com/headquarters/

12 Jan

New Rules Proposed for Expansion of Association Health Plans

From Mark Avery, Chief Strategy Officer

In response to President’s Trump Executive Order last October, the Department of Labor on Thursday released proposed draft regulations for the expansion of Association Health Plans.  This is something to watch closely in the months ahead.

There are many implications, but the most significant change from today is currently business groups, or associations, that want to sponsor an AHP, must be organized for purposes beyond simply the creation of a health program.   Under the proposed regulations, that’s not the case. A health program would be reason enough.  According to the DOL’s release, “a plan could serve employers in a state, city, county, or a multi-state metro area, or it could serve all the businesses in a particular industry nationwide”.

As with most things, the devil will live in the details, but depending on how the rules are ultimately written this could have a tremendous impact on the small group health market.  Interestingly, we might see much of it driven by the carriers themselves as they view it as another way to offer plans to smaller employers outside the requirements of ACA and modified community rating.

We will watch this closely.

Original article from Kaiser Health News: “Trump Administration Rule Paves Way For Association Health Plans

04 Jan

January 2018 TrussConnect

WORKERS COMPENSATION POLICY REMINDER

Did you know that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy? To get coverage for an owner, they must complete an Election Form. See attached. This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative. A Workers Compensation claim could be denied. Form: Election of Individual to Come Under Act

WHERE DOES THE HEALTH CARE INDUSTRY STAND AT THE END OF 2017?
By Alan Goforth, benefits pro
This article originally appeared on December 27, 2017, at benefitspro.com

Brokers, carriers, and politicians have written and spoken volumes about the status of health care benefits in 2017. As the year winds down, is it possible to sum up the 12-month roller-coaster in just one word? “Uncertain,” says Liz Gallops, individual insurance specialist for Allegacy Benefit Solutions in Winston-Salem, North Carolina.
Read More

BE A PART OF THE CONVERSATION!

Follow Truss on social media to see the latest updates from our expert advisors, photos from our company events, and all things #TeamTruss!
LinkedIn: Truss LLC
Facebook: @TrussLLC
Twitter: @TrussAdvantage 

HAPPY NEW YEAR!

 

 

 

 

 

 

 

 

24 Dec

Happy Holidays!

Wishing you Happy Holidays and a Wonderful New Year! As a reminder, Truss will be closed on December 25 and 26, and on January 1.

Thank you for a wonderful 2017 and we look forward to serving you in 2018!

20 Dec

Did you know?

Did you know…..

that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy?  In order to get coverage for an owner, they must complete an Election Form.  See attached.  This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative.  A Workers Compensation claim could be denied.

FORM: ELECTION OF INDIVIDUAL TO COME UNDER ACT NOTICE