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Resources
Stay up to date on the latest regulatory information on Section 125 plans, the ACA, and more!
Section 125
Section 125 or Cafeteria Benefits Plans offer employers a way to increase benefits packages of employees without increasing salaries.
Typical plans offered under Section 125 may include dental, vision, accident, cancer, hospital indemnity, and life coverages. Learn more about Section 125 Plans for government entities here https://www.irs.gov/government-entities/federal-state-local-governments/faqs-for-government-entities-regarding-cafeteria-plans
affordable care act
The Affordable Care Act of 2010 regulates health care coverage for large-group employers throughout the US. Learn about compliance and regulatory information applicable at https://www.irs.gov/affordable-care-act/employers/aca-information-center-for-applicable-large-employers-ales.
MyWave Connect
MyWave Connect is a monthly newsletter sent to keep up up to date on the latest regulatory and benefit plan design options available to your employees. All clients of Mark III have the option of receiving this newsletter. Please let us know if you’d like to subscribe at [email protected].
What’s the latest?
News & Blog
Keep up to date with tips and toolkits to enhance the benefits for your employees.
Live Well, Work Well – Coronavirus
According to the Centers for Disease Control and Prevention (CDC), coronaviruses are common in animal species, and most don’t affect humans. As of now, only seven different coronaviruses are known to infect humans. In their lifetime, most people will be infected with at least one common human coronavirus
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Purchase Eligible Products on Amazon
Online retailer Amazon recently announced that you can now use your flexible spending account (FSA) or health savings account (HSA) to purchase eligible medical products on its site. Amazon’s FSA and HSA stores enable you to add your respective health payment card to the site and shop for your eligible products as you would shop for any other item
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Eating Healthy Doesn’t Have to Be Expensive
Eating a well-balanced diet is a key component of living a long, healthy life. Many Americans think that eating healthy means they have to empty their wallets, which isn’t necessarily the truth. Keep the following money-saving tips in mind next time you’re grocery shopping:
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How to Read Your Medical Bill
How to Read Your Medical Bill Medical bills are becoming increasingly complex and difficult to read. Charges from clinics and hospitals tend to be lumped together instead of itemized – making it very difficult to see exactly what you are paying for. With many medical...
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Cadillac Tax and Other Key ACA Taxes Repealed
The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA):
• The Cadillac tax
• The medical devices excise tax
• The health insurance providers fee
Financial Wellness
Top 10 Ways to Save for Retirement
1. Know Your Retirement Needs
Retirement is expensive. Experts estimate that you’ll need about 70 percent of your pre-retirement income (90 percent or more for lower earners) to maintain your standard of living when you stop working.
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