On August 23, 2023, the IRS reduced the Affordable Care Act (ACA) affordability threshold from 9.12% to 8.39%, for plan years beginning in calendar year 2024.
The ACA requires employers to notify all workers, regardless of benefits eligibility status, about the availability of the Health Insurance Marketplaces.
DOL, the IRS, and the Pension Benefit Guaranty Corporation released informational copies of the 2023 Form 5500, Form 5500-SF, IRS Form 5500-EZ, IRS Form 5558.
