Healthcare Archives - Payroll Management, Inc

Tax-Free Health Reimbursement for Small Employers

by chris | Jul 6, 2018 | Affordable Care Act, Business Tips, Human Resources

Under the Affordable Care Act (ACA), qualified employers who provide group health coverage also can offer tax-free health reimbursement arrangements (HRAs), which allow employers to reimburse employees for health expenses on a tax-free basis. The ACA, however, does...

Tax-Free Health Reimbursement for Small Employers

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In June 2021, Governor Mills signed the Act to Promote Individual Retirement Savings. The act requires that covered employers automatically enroll covered employees into a newly formed Maine Retirement Savings Program.

Implementation has been delayed and we will continue to monitor developments. In the meantime, additional information can be found clicking the button below and questions can be sent to info@mainsaves.org.