Benefits Notes |

Employee benefits are an important part of every employees' total compensation package. The continuously evolving landscape in the areas of health care reform, retirement plan design, and executive compensation makes it difficult for employee benefits professionals to keep up with relevant developments. The employee benefits attorneys at Stinson Leonard Street provide human resources professionals, plan fiduciaries, actuaries, accountants, and others in the industry with practical and cost-effective assistance as they navigate through the complex laws, regulations and guidance that govern employee benefits plans. This blog highlights key developments in the employee benefits field and items of interest to our clients. Our Bloggers →

Latest Cafeteria Plans Posts

New Law Permits Stand-Alone Health Reimbursement Arrangements (HRAs) For Small Employers

By Todd Martin | December 14, 2016

Cafeteria Plans, Health Care Reform, Health Plan, Welfare Plans On December 13, 2016 President Obama signed into law the 21st Century Cures Act. The law had been approved with bipartisan support in the House by a vote of 392 to 26 and in the Senate by a vote of 94 to 5.  The law addresses a number of health care issues such as streamlining the process for FDA approval of drugs...

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Same Sex Marriage: Effect on Benefits

By Angela Bohmann | July 2, 2015

Cafeteria Plans, ERISA and Other Benefits Litigation, Health Plan, Retirement Plans, Welfare Plans The United States Supreme Court recently held in Obergefell v. Hodges http://www.supremecourt.gov/opinions/14pdf/14-556_3204.pdf that all states must recognize and allow marriages between same sex partners. Depending on an employer's current employee benefits plan, certain provisions may need to be changed in light of...

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Filed Your 2013 Health and Welfare Plan 5500s? Did you Include Your M-1 Attachments?

By Jeffrey Cairns | August 1, 2014

Cafeteria Plans, Form 5500s, Health Care Reform, Health Plan, Welfare Plans A provision of the Affordable Care Act of 2010 (ACA) included additional reporting requirements and greater U.S. Department of Labor (DOL) oversight of Multiple Employer Welfare Arrangements (MEWAs). The DOL’s Employee Benefits Security Administration (EBSA) issued final rules earlier in 2014 which clarified the...

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Gas Prices Must be Going Down

By Angela Bohmann | December 10, 2013

Cafeteria Plans, Payroll Every year the IRS issues optional standard mileage rates that can be used by taxpayers to calculate the deductible cost of operating an automobile for business, charitable, medical or moving purposes. Many employers reimburse employees based on this standard mileage rate. The standard mileage rate also factors into...

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IRS Loosens Use It or Lose It Rule

By Angela Bohmann | November 14, 2013

Cafeteria Plans As employers who sponsor cafeteria plans know, flexible spending accounts (FSAs) under those plans have had a “use it or lose it” rule. Under that rule, employees who participate in the spending accounts must make elections at the beginning of the year to set aside amounts to pay medical expenses under a medical...

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No More Pre-Tax Premiums for Individual Insurance Policies?

By Angela Bohmann | October 10, 2013

Cafeteria Plans, Compensation Questions, Health Care Reform, Health Plan, Payroll, Welfare Plans Over the years we have seen some employers, particularly small employers, choose to provide health coverage to their employees by paying all or part of the premium for individual insurance policies that the employees have obtained. Under an old IRS revenue ruling, Rev. Rul. 61-146, that type of premium subsidy could...

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Federal Agencies Issue Guidance that Valid Same Sex Marriages Recognized for All Federal Tax Purposes

By Jeffrey Cairns | September 19, 2013

Cafeteria Plans, Health Plan, Retirement Plans On August 29, 2013, the Treasury Department and the Internal Revenue Service issued a public announcement and released Revenue Ruling 2013-17 wherein it answered a number of open questions concerning the impact of the U.S. Supreme Court Decision, United States v. Windsor. This is the case that overturned the federal...

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Supreme Court Strikes Down Federal Defense of Marriage Act – Open Questions for Benefit Plan Sponsors

By Jeffrey Cairns | July 16, 2013

Cafeteria Plans, ERISA and Other Benefits Litigation, Health Plan, Payroll, Retirement Plans, Welfare Plans On June 26, 2013, in a 5-4 vote the U.S. Supreme Court ruled that the 1993 Defense of Marriage Act (DOMA) was unconstitutional as a violation of Fifth Amendment guarantees of equal protection and equal liberty. The case, United States v. Windsor No.12-307(US June 26, 2013) ...

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New Requirements for BAAs

By Angela Bohmann | June 21, 2013

Cafeteria Plans, Health Plan As many employers know, HIPAA rules require them to sign on behalf of their health plans Business Associate Agreements (BAAs) with the vendors who assist in plan administration. Many employers also know that earlier this year, the U.S. Department of Health and Human Services issued final regulations which will require...

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Effect on Employers of Same Sex Marriage in Minnesota

By Angela Bohmann | May 20, 2013

Cafeteria Plans, Health Plan, Retirement Plans, Welfare Plans As many of our readers know, on Tuesday, May 14, 2013, Minnesota became the twelfth state to recognize same sex marriages.  The effective date of the change is August 1, 2013, which gives employers some time to react to the change and analyze its effect on their employment policies and benefits.  We sent an Alert to...

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