Blog

As the economy reopens, most employers are implementing return to work strategies. What many employers have found is that returning to normal operations requires a thoughtful process that considers safety concerns and rehiring protocols. In addition, numerous existing state and federal laws interplay with more recent legislation enacted due to COVID-19. The following article from our […]

In Rev. Proc. 2020-32, the IRS released the inflation adjusted amounts for 2020 relevant to HSAs and high deductible health plans (HDHPs).  The table below summarizes those adjustments and other applicable limits.   2021 2020 Change Annual HSA Contribution Limit(employer and employee) Self-only: $3,600 Family: $7,200 Self-only: $3,550 Family: $7,100 Self-only: +$50   Family: +$100 HSA catch-up […]

As Mill Creek Capital Advisors notes, investors are facing two divergent fears in today’s turbulent economy: the fear that equity markets will retest their March 23 lows and fall further, and a fear of missing opportunities for strong gains if markets move higher. I admit, when it comes to investing, I struggle with that fear, and […]

Carrier Premium Credits and ERISA Fiduciary Obligations Due to COVID-19 and state and local stay-at-home orders, utilization of group medical and dental insurance benefits is down.  As a result, some carriers recently notified employers that they will be issued premium credits. When asking how these premium credits should be treated by the employer, we often […]

As the country continues to feel the impact of the COVID-19 National Emergency declared by President Trump on March 13, 2020, the IRS has provided some much needed guidance and relief for employees.  On May 12, 2020, the IRS issued Notices 2020-29 and 2020-33, which, among other things, extend the claims period for health flexible […]

Umberto recently participated in a podcast with Smart Business.  The Topic of the podcast is “Now is a not a time to panic, despite the uncertainty. Umberto Fedeli, veteran investor and CEO of The Fedeli Group, discusses his thoughts on crisis leadership and the importance of staying calm as an investor during challenging times.” Click […]