Blame it on the ACA…
As an additional service to employers, the following is the remaining schedule of complimentary webinars conducted by TASC, one of our preferred administrative services companies. If you do not already outsource your ERISA compliance responsibilities we are always ready to compare multiple companies to find the right fit for you.
Why is this important? Because, in 2013, the Department of Labor hired over 1,000 auditors to collect $1.1 Billion in ERISA penalties for employers that are non-compliant with this federal law, which applies to all employee benefit programs.
It is estimated that 95% of all employers are not fully compliant with ERISA or new provisions of the Affordable Care Act which will leave many businesses vulnerable to fines.
Fines could range from $100-$1100 per person per day along with the legal fees that would come with an ERISA audit. To help reduce this risk we are providing education and resources to help employers understand and decide how to handle these responsibilities.
You may attend at no cost in the comfort of your own office. Each will last approximately one hour, with 10 minutes for questions. Times shown in Arizona time.
Topic: ERISA Compliance and Surviving an Audit
Monday ‐ September 8, 2014 8:00 am
Monday ‐ September 22, 2014 11:00 am
Reserve your webinar seat now!
Please don’t hesitate to contact our office with any questions or concerns. Look to L&A Services for future opportunities for complimentary training on important benefits-related topics.