Internal Revenue Bulletin 2017-11: Employee Plans

By Joe Nagel, Esq., LL.M., CPA

Here is Internal Revenue Bulletin 2017-11 with information regarding the notice extending the period for an employer that provides a qualified small employer health reimbursement arrangement (QSEHRA) to furnish an original written notice to its eligile employees.  Should you have any questions or concerns regarding this information, please feel free to call us at 404-255-7400 or email us at info@hoffmanestatelaw.com.

EMPLOYEE PLANS

Notice 2017-20 , page 1010.

The notice extends the period for an employer that provides a qualified small employer health reimbursement arrangement (QSEHRA) (under a new Code section added by 21st Century Cures Act (Cures Act)) to furnish an initial written notice to its eligible employees regarding the QESHRA. The notice extends the period from March 13, 2017 (90 days after the Cures Act was enacted) to at least 90 days after additional guidance regarding the
contents of the QSEHRA notice is issued. The notice also provides transition relief from penalties under section 6652(o) (also added to the Code by the Cures Act) for failure to furnish such written notice until after further guidance has been issued.