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On Wednesday, April 29, the Employee Benefits Security Administration, Department of Labor, Internal Revenue Service, and Department of the Treasury (the “Agencies”) released a final rule (“final rule,” or “rule”) which altered and extended the time...
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Overview of tax forms generated for HSA accounts.
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The term Qualified Domestic Relations Order (QDRO) means any judgment, decree or order that creates or recognizes the existence of an alternate payee’s right to receive all or a portion of the benefits payable with respect to a participant under the...
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Unlike Health and Dependent Care FSA elections, employees may change their Transit and Parking elections on a monthly basis. Generally, election changes should be effective the month following notification of the change. Updating Transit/Parkin...
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Sentinel will process contributions in relation to the employee’s pay schedule with the employer. To properly administer the allocation of contributions, it is critical that there is clear and timely communication between the Plan Sponsor and Sentin...
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Accessing Plan Information Select Tools from the menu on the left. In the Plans section you will find options to view the same info as the employees for all active and inactive plans. Information available is: Plan Summaries Plan Details and ...
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Securities and Exchange Commission's Investor Bulletin on Health Savings Accounts
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Overview of select plan design options available for HRA.
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Overview of Sentinel's HRA open enrollment process and data transfer options available.
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Please provide new employee with two items: Retirement Plan Education Kit - This Kit includes retirement planning education, information on how to log in and enroll, and also includes all of the legally required plan notices. Summary Plan Descri...