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Rely on M3 to share the most up-to-date information on trending topics that impact your organization. Get the key compliance information you need in just around 5 minutes, then move on with your day. For more in-depth compliance and business information, visit M3‘s Insight Center: https://m3ins.com/insight-center/
Episodes
Tuesday Aug 29, 2023
S2-Ep42: ACA Affordability 2024 Percentage
Tuesday Aug 29, 2023
Tuesday Aug 29, 2023
Has the Affordable Care Act affordability calculation percentage for 2024 been released yet?
The IRS recently released Revenue Procedure 2023-29 decreasing the affordability calculation to 8.39% for 2024.
This Comply on the Fly helps employers understand if this decreased rate will require them reduce employee contribution amounts in order to meet ACA affordability in 2024.
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Turn to M3 and Karen B. (Breitnauer) for quick and timely answers to the most common employee benefits compliance questions. Season 2 of Comply on the Fly focuses on actual client questions, so send your compliance question to AskKarenB@m3ins.com and we'll do our best to cover it in an upcoming episode!
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