IRS Papers

Annual QTA Review to Ensure Compliance

It's important to perform annual reviews of your Qualified Transportation Fringe Benefit plan to ensure compliance. New tax rules regarding employer-provided parking went into effect in 2018. For-profit employers are no longer able to take a deduction for these benefits and non-profits are deemed to have UBTI.

Jan 09, 2019

As  we kick off the new year, it’s important to perform an annual review of your Qualified Transportation Fringe Benefit plan to ensure its compliance with applicable law. Changes to employer-provided parking rules New...

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Employer match on student loan repayments

Proposed Legislation to Help Workers Build Retirement Savings While Repaying Student Loans

Proposed legislation would help workers build retirement savings while repaying student loan debt. With the Retirement Parity for Student Loans Act, workers could receive an employer matching contribution while repaying loans, as if the loan repayments were a salary reduction contributions to their retirement plan.

Dec 19, 2018

Many Americans face mounting student loan debt and often have to choose repaying the loans over making contributions to their retirement plan to save for the future. Legislation introduced on December 18th...

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HSA: 2019 Limits And Frequently Asked Questions

Here are the new HSA limits for 2019, along with some frequently asked questions about HSAs.

Oct 09, 2018

This post was written by Hannie Spitzack, HSA Sales Relationship Manager at BPAS. With 2019 fast approaching, now is the time for employers to get in front of their employees to...

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HSA bills passed by house

Two HSA Bills Passed by House

The U.S. House of Representatives recently passed two bills, which aim to enhance and expand the use of HSAs. Read this blog post to find out about these bills.

Oct 02, 2018

This post was written by Hannie Spitzack, HSA Sales Relationship Manager. In an ever-changing landscape of laws and regulations, it is important to stay ahead and be aware of any potential...

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