Notice to Exclude Spousal Health Coverage
Question: Is it sufficient notification to exclude spousal health coverage if an employer has language in the handbook stating that spouses will not be covered under the health plan? Click for the answer
Calculating Weighted Overtime Question: How do we calculate weighted overtime?
Answer: Weighted overtime is calculated as follows:
- Add the dollar amount of all hours worked plus the amount of the bonus.
- Divide that amount by the total hours worked. This becomes your hourly wage to use for calculating the weighted overtime.
- The overtime rate is 1.5 x the amount of your result in step 2.
Pay Employees When Closed for Natural Disaster? Question: When a business is closed due to a natural disaster, must we pay our employees for the days the business is closed? Click here to get the answer.
HSA Distributions and Non-Covered Dependents
Question: Can Health Saving Account (HSA) distributions be used for a dependent covered under a non-HSA plan? Click here to get the answer
Employer Reporting Requirements under ACA
Question: What are the employer reporting requirements for the 2015 Employer Shared Responsibility Payment under Section 6056? Click to get the answer