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Benefits, Employee benefits

Are Your Healthcare Benefits Contributing to the Labor Shortage? | CA Employee Benefits Advisors


Employee benefits are a major bargaining chip for companies looking to attract talent. The problem is healthcare costs are skyrocketing, and it’s difficult for employers to offer the same level of coverage. Higher costs are either resulting in less coverage or smaller wages for employees. Find out what’s happening with healthcare and recruitment, and get

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IRS

IRS Announces 2022 Retirement Plan Contribution Limits | CA Benefits Advisors


On November 4, 2021, the Internal Revenue Service (IRS) released Notice 2021-61 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2022. Many pension plan limits will change next year because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Other items, however, will

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Education, Health, Wellness

How High Performing Groups Set Themselves Apart | California Benefits Team


There are some highly effective groups that have overall better health and welfare than others. These groups have healthier employees and exceed health insurance renewal expectations. With COVID putting unprecedented pressures on Human Resources and People Operations to keep employees engaged, productive and safe, these high performing groups all have a huge advantage. Upon studying

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Employee benefits, HR

How Health Insurance Can Win the War for Talent | CA Employee Benefits Firm


The COVID-19 pandemic shined a spotlight on the importance of employer-provided health benefits. Not only have employees been requesting an expansion of their benefits for months, but report after report has indicated that comprehensive plans that also cover mental health or include paid parental leave, for example, are the key to getting people back to

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IRS

IRS Announces 2022 Limits for Health FSAs and Transit Benefits | CA Benefits Agents


Today, the Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,850 for plan years beginning in 2022, up from the 2021 limit of $2,750. For HFSAs that include a carryover provision, up to $570

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ACA, DOL

Biden-Harris Administration Issues Third Rule To Implement No Surprises Act | California Benefits Agents


WASHINGTON – The Biden-Harris administration – through the departments of Labor, Health and Human Services, Treasury and the Office of Personnel Management – today issued an interim final rule with comment period to continue implementation of the No Surprises Act, a consumer protection law that helps curb the practice known as “surprise billing” for medical care. The

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