Thomson Reuters Releases Special Report and Book on Record Retention Requirements for Health & Welfare Benefits

November 4, 2014
Dana Greenstein

NEW YORK – Thomson Reuters has released a free special report, Record Retention Requirements for Health & Welfare Benefits, to accompany its publication of a second edition book on the topic.

The report and book analyze record retention requirements for employer-provided health and welfare benefits, including major medical, dental, health FSAs, and HRAs; severance, disability, and life insurance; cafeteria plans, DCAPs, qualified transportation plans, educational assistance programs, HSA programs, and more.

While many record retention decisions are based on specific compliance requirements, much is also dictated by the nature of the health and welfare benefits sponsored by an employer, the size of the plan sponsor’s workforce, and other non-compliance-related factors. This book and special report are intended for anyone responsible for benefits compliance — employers, advisors, and service providers. Highlights include the legal rules, categories of records, recommended retention period, and electronic record retention.

“Designing an effective record retention program for any class of records is a time-consuming and detail-oriented process, but the benefits are invaluable,” said Brigid Anderson, Director of Seminars – EBIA, part of Checkpoint, within the Tax & Accounting business of Thomson Reuters. “An organization that knows what it should document (and for how long) knows what it is doing and can do it more efficiently, effectively, and with less stress for everyone involved.”

The special report is available for download at no cost here. Visit EBIA Record Retention Requirements for Health & Welfare Benefits, for more information on the book.

Thomson Reuters offers comprehensive tools and learning opportunities to help professionals understand the many benefits compliance requirements underlying the need to create and retain records for health and welfare benefits, including: EBIA’s ERISA Compliance for Health and Welfare Plans, EBIA’s Health Care Reform for Employers and Advisors, EBIA’s HIPAA Portability, Privacy and Security, EBIA Form 5500 Workbook for Health and Welfare Plans, and EBIA’s Web Seminar Suite.

Thomson Reuters Checkpoint is the industry leader providing intelligent information to tax and accounting professionals — including expert research, guidance, cutting-edge technology and tools, learning, and news in a variety of formats. With our respected content, which includes EBIA, Checkpoint is relied on by thousands of professionals around the world to understand complex information, make informed decisions and use knowledge more efficiently.

Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to


Dana Greenstein
Public Relations Manager
Tel: +1 212 337 4129

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