APA Certified Payroll Professional CPP-Remote Question # 26 Topic 3 Discussion
CPP-Remote Exam Topic 3 Question 26 Discussion:
Question #: 26
Topic #: 3
Employers funding a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) and fail to provide an annual notice to eligible employees face a penalty per employee of:
Under the21st Century Cures Act, QSEHRAs must be disclosed annually to employees. Failure to notify can lead to a$50/day penalty per employee, up to$5,850 per employee per year.
[References:, IRS Notice 2017-67, The Payroll Source, Chapter 6: Health Care Benefits, ]
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