News & Blog

FSA Online Enrollment Adds Value for P&A Group Clients

Flexible Spending Accounts, P&A Group

What exactly does online enrollment entail?  It’s easy.  First, let your renewal rep know that you want to use the online enrollment platform.  Next, determine the window of dates you want online enrollment to be available to your employees.  Then, we’ll provide you with a file template asking for your employees’ main demographic info.  All…

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P&A Group Honored with Fast Track Award

A Word from Joe Priselac, P&A Group

Joe Priselac (left) and Michael Rizzo (right) receive the 2017 Fast Track Award Michael Rizzo and Joe Priselac, President and CEO of P&A Group, were awarded the 2017 Fast Track Award last week by Business First.  The Fast Track award list ranks companies based on revenue growth over the last three years.  We are thrilled…

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School’s Out for Summer: Save on Summer Daycare with Your FSA

Flexible Spending Accounts, P&A Group

Summer is here (finally!) and many families are settling into new routines, carefully planning summer vacations around work schedules and commitments. It’s no doubt a busy time of year for people – especially working parents who have to worry about child care. Luckily, there’s some financial relief available for summer child care costs through Dependent Daycare…

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PCORI Filing Fee Due July 31

Health Care Reform, Health Reimbursement Arrangements, P&A Group

The next Patient Centered Outcomes Research Institute (PCORI) filing deadline is July 31, 2017 for all Health Reimbursement Arrangements (HRAs), Medical Expense Reimbursement Plans (MERPs) and self-funded medical plans with a plan year ending in 2016.  View the schedule of fees and learn more about this excise tax. Created under the Affordable Care Act, part of…

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Pre-Tax Transit Account: Using UberPool, Lyft Line and Via

Commuter Benefits, P&A Group

Good news for commuters: UberPool, Lyft Line and Via fares were added to P&A’s Benefits Card platform as eligible expenses under the pre-tax Transit Account.  Participants in the pre-tax Transit Account (Section 132 Plan) can use their P&A Benefits Card to pay for these work related commuting expenses. These fares were not previously authorized expenses…

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DOL will not pursue claims against Fiduciaries During Phased Implementation Period Ending on January 1, 2018

P&A ERISA Corner, P&A Group, Retirement Plan Services

On May 22, 2017 the DOL published Field Assistance Bulletin No. 2017-02 which announced a temporary enforcement policy related to the Department of Labor’s final rule defining who is a “fiduciary” under ERISA and the related prohibited transaction exemptions (PTEs). The final rule, entitled “Definition of the Term ‘Fiduciary’; Conflict of Interest Rule — Retirement…

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