Gsanational.com

The Service Contract Qualified Benefits vs. Cash-in-Lieu of Benefits

WebContact one of our SCA subject matter specialists today to learn how GSA National’s trust solution could be right for your compliance model. 1-800-250-2741 ext. …

Actived: 9 days ago

URL: https://www.gsanational.com/white-papers/the-service-contract-qualified-benefits-vs-cash-in-lieu-of-benefits/

DOL Announces 2022 Increased Health & Welfare Rates for SCA

WebJune 27, 2022. 2 min read. The Department of Labor has announced the following fringe benefit (Health & Welfare) rate increases for SCA-covered contracts: $4.80 per hour. …

Category:  Health Go Health

DOL Announces Reduced SCA H&W Fringe Benefit Rate

WebThe routine aspect of the AAM provides that effective as of August 1, 2017, the H&W fringe benefit rate is increased from $4.27 to $4.41 per hour. However, totally …

Category:  Health Go Health

DOL Announces 2023 Increased Health & Welfare Rates for SCA

WebJune 30, 2023. 3 min read. The Department of Labor has announced the following fringe benefit (Health & Welfare) rate increases for SCA-covered contracts: $4.98 per hour …

Category:  Health Go Health

The Advantages of Pooling SCA and Non-SCA Benefit Claims

WebA claims pooling arrangement can provide better security for covered employees through the spreading of financial risk and economies of scale; The claims …

Category:  Health Go Health

DOL Announces Update to 2019 SCA Health & Welfare Rate

WebThe new rate of $4.54 per hour (up from the 2018 rate of $4.48 per hour) is required in all government contract bids or other service contracts awarded on or after …

Category:  Health Go Health

Rate Increase Announced for SCA Health and Welfare Fringe Benefits

WebThe U.S. Department of Labor has released its annual memorandum noting a rate increase for Service Contract Act (SCA) Health and Welfare Fringe Benefits. The …

Category:  Health Go Health

Fringe Benefit Rate Requirement for SCA Remains at $4.27

WebThe U.S. Department of Labor has released its annual memorandum regarding the rate for Service Contract Act (SCA) Health and Welfare Fringe Benefits. …

Category:  Health Go Health

Tax Treatment of Voluntary Fixed Indemnity Health Benefits

WebFebruary 3, 2017. 3 min read. Last week, the IRS’s Office of Chief Counsel released a Memorandum announcing that benefits paid under a fixed indemnity health benefit …

Category:  Health Go Health

SCA Fringe Benefit Rate Requirement Remains Unchanged 2020

WebFringe Benefit Rate Requirement for Service Contract Act Remains Unchanged for 2020. Effective June 29, 2020, the Health and Welfare Fringe Benefit Rates will …

Category:  Health Go Health

DOL Announces Increased Health & Welfare Rates for SCA

WebJuly 22, 2021. 2 min read. The Department of Labor has announced the following fringe benefit (Health & Welfare) rate increases for SCA-covered contracts: $4.60 per hour. …

Category:  Health Go Health

Government Contractors: Understanding the Healthy Terminals Act

WebThe Healthy Terminals Act is a piece of legislation that was introduced in New York in March of 2021, and New Jersey shortly thereafter, aiming to improve the working …

Category:  Health Go Health

Advantages of Pooling SCA and Non-SCA Benefit Claims

WebA claims pooling arrangement can provide better security for covered employees through the spreading of financial risk and economies of scale; The claims …

Category:  Health Go Health

The Service Contract Act

WebHowever, the practice of paying Cash-in-Lieu of quali ed bene ts has several adverse outcomes: If offered cash, most employees will take the cash option, and only those …

Category:  Health Go Health

U.S. Department of Labor Wage and Hour Division

WebThe SCA health and welfare fringe benefits level for Hawaii will be $2.15 per hour (which, based on a 40-hour workweek, is $86.00 per week, or $372.67 per month) …

Category:  Health Go Health

Premium Reserve Accounting & Trust GSA National

WebCredits may be applied before deposit for any eligible direct paid benefits such as sick pay, 401k match, etc. H&W contributions are allocated to individual employee Premium …

Category:  Health Go Health

2015 Rate Increase Announced for SCA Health & Welfare Fringe …

Web2 min read. The U.S. Department of Labor has released its annual memorandum noting a rate increase for Service Contract Act (SCA) Health and Welfare …

Category:  Health Go Health

W-2 Health Care Cost of Coverage Reporting Requirements

WebW-2 Health Care Cost of Coverage Reporting Requirements. wpengine. April 12, 2012. 5 min read. Beginning in tax year 2012 – and reportable on W-2s issued in …

Category:  Health Go Health