Author: Michael Mast, CPA
Trustee Travel Expense Reimbursements
September 16, 2014
Traveling Outside State Lines Requires Staying in Line with the Travel Expense Reimbursement Rules. Taft-Hartley plan trustees must stay up to date on the most recent rules and regulations regarding plan administration.
Patient Centered Outcome Institute Fees Due by July 31, 2014
July 16, 2014
If your company offers a self-insured health and welfare plan, a HRA, or a FSA, your company must pay a fee per covered person by July 31, 2014 on Form 720.
Do you owe the PCORI Fee which is due by July 31, 2013?
July 16, 2013
As part of the Patient Protection Affordable Health Care Act (PPACA), the Patient Centered Outcome Research Institute (PCORI) was created […]
New Disclosures Required for Employers Participating in Multiemployer Benefit Plans
June 14, 2012
By Michael Mast, CPA – Underfunded defined benefit plans have always been a concern, but the Great Recession magnified the underfunded status of many plans.
Employee Benefit Plan Bonding & Fiduciary Liability Insurance
April 12, 2012
Posted by Michael E. Mast, CPA The Employee Retirement Income Security Act (ERISA) section 412 requires plans to obtain an ERISA bond equal to the greater of $1,000 or 10% of the plan’s beginning of year plan assets, with a $500,000 maximum. In addition, if the plan assets include employer stock, then the maximum bond … Continued
Tax Filing Requirements for Voluntary Employee Benefit Association Trusts
February 09, 2012
Posted by Michael Mast, CPA Disclaimer: All blog posts are valid as of the date published. Voluntary Employee Benefit Association (VEBA) Trusts meet requirements to file both Form 5500 and Form 990. This requirement to file two returns made me question why other collectively-bargained benefit plans, such as the Pension, Annuity Funds, as well as … Continued