The Qualified Small Employer Health Reimbursement Arrangement is the most recent addition to the line-up of tax-saving HRA plan designs available to companies wanting to offer a health benefit to employees in a pre-tax and value-conscious manner.
The QSE-HRA is unique among HRA designs for two reasons: 1) The employer is not required to sponsor a group health plan and 2) It is only available to small companies already exempt from the Affordable Care Act employer mandate (those with fewer than 50 full-time employees). Ordering information for the Core QSE-HRA plan document package follows this article.
When the QSE-HRA was written into law in December 2016, eligible employers hurried to get their plan in place before the deadline. Part of that was crafting the required Notice to Employees and distributing it to eligible plan participants by March 2017 (for a January-December 2017 plan year).
When it became clear that the necessary guidance would not be ready before the deadline, the IRS issued Notice 2017-20. We wrote about it here.
The deadline for providing the required Notice to Employees was extended to 90 days after further guidance was issued by the agency, “in the near future.”
Maybe you’ve heard that “the near future” has finally arrived. IRS Notice 2017-67 issues guidance on QSE-HRA Notice to Employees. Now you may be wondering what effect that has for distributing the Notice to Employees in your current QSE-HRA plan document.
If you purchased your QSE-HRA plan document from Core Documents, you need do nothing at all.
Our staff is currently reviewing the required language for the Notice to Employees.Here’s what will happen at the conclusion of that review:
Here is the total list of sections within IRS Notice 2017-67 for the QSE-HRA:
If you’ve yet to get your QSE-HRA Plan Documents package in place, Core Documents can help you with that. Since 1997, we have become the country’s premier provider of affordable Plan Documents as required by the IRS and Department of Labor (DOL).
It’s simple to get your QSE-HRA up and running once your personalized Plan Documents package arrives:
Get started right now. Just click the button below:
If you have any questions during the ordering process, call our knowledgeable and helpful staff at 1-888-755-3373.
You may also find these recent QSE-HRA blog posts helpful:
QSE-HRA: The Stand-Alone HRA Returns
QSE-HRA Video Released — Plan Documents @ Introductory $199
Small Employer HRA Update & FAQs (QSE-HRA)
Qualified Small Employer Health Reimbursement Arrangements (Notice 2017-67)