Full-Service Payroll and HR Outsourcing Services
LOGIN Employer & Employee
(484) 450-8790 Call Us Today
  • Home
  • Our Solutions
    • Payroll Solutions
    • HR Solutions
    • Time & Attendance
    • Background Checks
    • Workers' Compensation
    • Labor Law Poster Services
    • Point-of-Sale
    • ERC FAQs
  • We Serve
    • Areas We Serve
    • Accountants
  • About Us
    • Testimonials & Reviews
  • Blog
  • Useful Info
  • Contact Us

Facebook Twitter LinkedIn GMB Yelp YouTube Refer a Client

Full Service Payroll & HR Outsourcing Services
Refer a Client Login
  • Background Checks & Drug Screening (Schedule a Screening)
  • Timekeeper Login (Login to Time & Attendance Portal)
  • HR Center Login
  • Login (Employer & Employee)

ACA Compliance & Information

ACA Compliance & Information 

 
Image

It’s critical for employers to review and understand the 2019 increases and associated penalties with the ACA’s annual inflation adjustment. The Affordable Care Act’s federal poverty level (FPL) threshold has risen in from 9.56% in 2018 to 9.86%. While evaluating new benefits plans, there are several components to consider. 

To assist employers in navigating which threshold applies, the ACA has created three safe harbors. Using the Federal Poverty Level safe harbor guides employers through the process of determining employee contributions for self-only coverage to help avoid penalties. If there is a failure to offer affordable, minimum coverage, these penalties are estimated to be $3,750 per employee, up from $3,480 in 2018. 

Alongside the penalties criterium, there are other cost-sharing limits that employers must remain mindful about. From last year to 2019, the forms haven’t changed with any significance from the previous year. No matter how great or small, it should be a standard practice to review and ensure compliance and verify deadlines. 

It is always best to review updates and requirements with your local payroll services provider or HR company to ensure you understand deadlines, penalties, shared costs and the necessary forms to be submitted. If you have questions, reach out for a Payroll Check Up to confirm that your payroll is healthy. 

 

Published on:

January 10, 2019

Share this post:

Share Share Share

All, News, Blog, business, Labor, Payroll Service

Related posts

Why Are Background Checks Important? Verifying Employees Can Be Vital
May 16, 2023 Why Are Background Checks Important? Verifying Employees Can Be Vital
LLC Payroll: How to Set Up LLC Payroll & Rules for Paying Yourself
May 02, 2023 LLC Payroll: How to Set Up LLC Payroll & Rules for Paying Yourself
Keeping Your Business on Track with a Payroll Checkup
April 14, 2023 Keeping Your Business on Track with a Payroll Checkup
Payroll Compliance: What to Know When Managing Employee Payments
April 11, 2023 Payroll Compliance: What to Know When Managing Employee Payments
Outsourcing Payroll: 5 Ways Outsourcing Helps Small Businesses
March 28, 2023 Outsourcing Payroll: 5 Ways Outsourcing Helps Small Businesses
How to Manage Payroll: 8 Tips for Ultimate Efficiency
March 23, 2023 How to Manage Payroll: 8 Tips for Ultimate Efficiency
4 Payroll Questions Every Business Owner Needs Answered
March 23, 2023 4 Payroll Questions Every Business Owner Needs Answered
How to Calculate Payroll: A Complete Step-by-Step Guide
March 17, 2023 How to Calculate Payroll: A Complete Step-by-Step Guide
Electronic Payroll: How to Make the Switch from Paying with Checks
March 09, 2023 Electronic Payroll: How to Make the Switch from Paying with Checks
How to Calculate Overtime: Guidelines for Hourly & Salaried Employees
February 21, 2023 How to Calculate Overtime: Guidelines for Hourly & Salaried Employees

Facebook Twitter LinkedIn GMB Yelp YouTube

Contact Us

  • (484) 450-8790

  • 101 W Eagle Road, Suite #118, Havertown,
    Pennsylvania, 19083
  • Monday - Friday,
    9:00 am - 6:00 pm

Get Quote

Useful Links

  • About Us
  • Areas We Serve
  • Blog
  • Useful Info
Newsletter

Our Solutions

  • Payroll Solutions
  • HR Solutions
  • Time & Attendance
  • Background Checks
  • Workers' Compensation
  • Labor Law Poster Services
© 2023 Payroll VaultTM
Powered by Seosamba Franchise Brand Marketing Services
Level Double-A conformance icon, W3C-WAI Web Content Accessibility Guidelines 2.1

Reset Form Get a Quote
  • Background Checks & Drug Screening (Schedule a Screening)
  • Timekeeper Login (Login to Time & Attendance Portal)
  • HR Center Login
  • Login (Employer & Employee)

ACA Compliance & Information call now mail
Corporate Logo
  • Home
  • Our Solutions
    • Payroll Solutions
    • HR Solutions
    • Time & Attendance
    • Background Checks
    • Workers' Compensation
    • Labor Law Poster Services
    • Point-of-Sale
    • ERC FAQs
  • We Serve
    • Areas We Serve
    • Accountants
  • About Us
    • Testimonials & Reviews
  • Blog
  • Useful Info
  • Contact Us
ACA Compliance & Information
logo

Do you want to get notifications from this site?