New Web Portal for P&A Retirement Plan Customers We are very excited to share some new web developments with our Retirement Plan customers. Beginning in the first quarter of 2022, P&A Retirement Plan clients and participants will be introduced to a new web portal. The new portal provides visitors with an updated layout with…
Welcome, FSA Members! Many of us are reviewing financial and healthcare goals during this time of year. In addition to identifying new targets for the year ahead, now is as good a time as ever to review the latest tips for managing your benefits. To help you get started, here are three FSA tools…
On behalf of P&A Group, thank you for your continued partnership. We value each and every one of our clients and partners and will continue to provide the excellent level of service that you and your employees deserve. As we approach the end of 2021, we want to share how grateful we are for your…
Under the American Rescue Plan Act (ARPA), employers had the option to allow a temporary increase in dependent care contributions for the 2021 plan year. The maximum amount of $5,000 was increased to $10,500. For those employers who adopted this provision, please be aware the IRS has updated Form W-2 and employee instructions on…
ARPA COBRA Summary As part of the American Rescue Plan Act (ARPA), signed by President Biden on March 11, 2021, qualified COBRA participants were provided temporary premium assistance through a subsidy allowed under the Act. Qualified COBRA participants eligible for the premium subsidy were individuals who: were involuntarily separated from employment or had a…
The IRS 2022 contribution limits were released on November 10, 2021. Here’s what’s changing for certain employee benefit plans beginning January 1, 2022. 2022 Contribution Limits for FSAs Health FSA For 2022, the Health Flexible Spending Account annual maximum contribution will increase by $100 to $2,850 per plan year. Adoption Assistance…