EBIA Weekly Newsletter

IRS Finalizes Regulations Providing Relief for Some Claiming Premium Tax Credits

   July 27, 2017

Health Insurance Premium Tax Credit, 26 CFR Part 1, 82 Fed. Reg. 34601 (July 26, 2017) Available at https://www.gpo.gov/fdsys/pkg/FR-2017-07-26/pdf/2017-15642.pdf The IRS has issued regulations addressing the availability of premium tax credits under the Affordable Care Act (ACA) to certain married victims of domestic abuse and self-employed individuals, finalizing previously issued temporary … Read More

IRS Issues 2017 Cumulative List for Pre-Approved Defined Contribution Plans

   July 27, 2017

IRS Notice 2017-37 (June 30, 2017) Available at https://www.irs.gov/pub/irs-drop/n-17-37.pdf The IRS has issued Notice 2017-37, setting forth the 2017 Cumulative List of changes in plan qualifications requirements for pre-approved defined contribution plans—i.e., the list of statutory, regulatory, and guidance changes that the IRS has identified for review when issuing opinion letters … Read More

What Happens to Employees’ HSAs If They Drop or Lose Their HDHP Coverage?

   July 27, 2017

QUESTION: Our company is planning to add a high-deductible health plan (HDHP) option. The company would make HSA contributions for employees who choose the HDHP and establish HSAs. What will happen to those HSAs if employees later lose their HSA eligibility, for example, because they switch to our non-HDHP option or to non-HDHP coverage under … Read More