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Burnham & Flower Insurance Group

315 S. Kalamazoo Mall

Kalamazoo, MI 49007

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888-748-7966

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tpasupport@bfgroup.com

News

11/14/2024

What Are the Medicare Secondary Payer Reporting Requirements for Our Company’s Group Health Plans?

Are employer-provided health plans are subject to Medicare Secondary Payer (MSP) mandatory reporting requirements?

11/14/2024

The IRS has announced the 2025 dollar limits and thresholds for retirement plans, which reflect the latest cost-of-living adjustments.

2025 cost-of-living adjustments (COLAs) for a wide variety of tax-related items released.

11/14/2024

IRS Announces 2025 Retirement Plan Dollar Limits and Thresholds

IRS Notice 2024-80 (Nov. 1, 2024); IRS News Release IR-2024-285 (Nov. 1, 2024)

11/14/2024

Do Employer Contributions Count Toward the Contribution Limit That Applies to Health FSAs?

Often a cafeteria plan which includes a health FSA is funded solely by employee salary reductions. Employers can choose to add an employer contribution feature to the health FSA, such as a matching or seed contribution. Would these employer contributions count toward the limit that applies to health FSAs?

04/14/2023

Employee Benefit Acronyms Part 3 of 3

Everybody in the employee benefits field uses acronyms like ALE, MLR, and ACA, but what do these and other employee benefits acronyms stand for?