Medical child support orders get a little easier to keep track of
This should make your Payroll people happy: Finally, there will be some congruence between the expiration dates on medical child support orders.
Parts A and B of the form now have the same expiration date: Aug. 31, 2019.
That’s a bit of a change from the past, when the expiration dates were staggered.
Your responsibilities
Your company is only responsible for Part A – Notice to Withhold For Health Care Coverage.
Important reminder: Information on Part A should not be shared with the employee.
When you’re done filling out the Employer Response section of Part A, no matter whether you’ll ultimately need to start withholding from the employee’s wages, make sure you return the information to the issuing agency.
Unless you checked any of the boxes numbered 1, 2, 3, 4 or 5, a copy of Part B should be forwarded to the plan administrator within 20 business days of the date of the notice.
Free Training & Resources
Further Reading
In April, Arkansas Governor Sarah Huckabee Sanders signed legislation making it illegal for Pharmacy Benefit Managers (PBMs) to own or oper...
The Supreme Court has raised the standard on whether an employer can claim undue hardship in response to a religious accommodation request....
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
Finance pros with lingering compliance concerns about employees working remotely will find insight, albeit limited, in new guidance. In...
Year-end may seem a long way off, but some changes related to Form W-2 may require your attention now. For example, the Social Security...
As you’re prepping to file Forms W-2 or Forms 1099 for TY 2023, you know it’s tough to avoid all errors. So, it helps to be pre...