Watch Now - ACA for Dummies: Back to the Basics of ACA Reporting
HRlogics • May 07, 2024
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Pre-recorded Webinar
April 25, 2024
ACA for Dummies : Back to the Basics of ACA Reporting
We invite you to watch our on-demand webinar session where we go back to the basics of ACA Reporting. This is essential as you begin 2024 reporting. We will discuss the important topics below.
Understanding ACA Reporting Simplified:
- Clear and straightforward explanation of ACA basics
- Breakdown of key terms and concepts for beginners
Navigating Common ACA Terminology:
- Plain language explanations of commonly used ACA terms
- Eliminating confusion around terms like ALE, Full-Time Equivalent (FTE), and more
Back to the Basics of Eligibility and Coverage:
- Understanding the criteria for employee eligibility
- Basics of determining affordable coverage and minimum essential coverage
ACA Compliance Essentials for Beginners:
- Overview of employer obligations under the ACA
- Essential compliance checkpoints to avoid penalties
Practical Tips for Simplifying ACA Reporting:
- Strategies to streamline the reporting process
- Common pitfalls to avoid for smooth ACA compliance
HRlogics ACA formally, SyncStream Solutions, LLC is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities. Select HRlogics ACA formally, SyncStream webinars are approved for SHRM Professional Development Credits (PDCs) for HR professionals worldwide.
Credits are for live attendance only.
Credit will not be issued for watching the recording.
Have Questions or Need More Information?
Understanding Affordability under the ACA: For the 2024 reporting year (adjusted annually), a healthcare plan is considered affordable if the lowest-cost self-only coverage option available to employees does not exceed 8.39% of any one of the three safe harbors provided by the IRS. Each safe harbor has its unique advantages tailored to different business models.
In this eBook, we will provide you with a step-by-step guide to ensure that
your business remains compliant with the ACA. We will explain the
definitions of different employee types and their eligibility for coverage, the
minimum essential coverage requirements, the reporting obligations, and
the potential penalties for noncompliance
