Skip to main content

TFA Broker Wrap-Up | January 2024

Wednesday, January 31, 2024

This Just In: Broker Update from the VA Exchange

The Virginia Exchange concluded Open Enrollment with over 400,000 plan selections. 

Click here to continue reading!

Final Rule Significantly Expands IRS Electronic Filing Requirement

Beginning in 2024, employers that file at least 10 returns during the calendar year must file electronically. Reporting entities must aggregate most information on returns, such as Forms W-2 and 1099, to determine if they meet the 10-return threshold for mandatory electronic filing. The forms must be provided to covered individuals by March 1, 2024. The due date for filing the forms electronically is April 1, 2024.

Click here to continue reading!

Introducing WiseChoice Healthcare Alliance, Virginia’s First MEWA

WiseChoice offers your clients an alternative to Affordable Care Act (ACA) plans. These medically underwritten plans offer hassle-free access to quality care and lower costs. It’s an important step in expanding access to better health coverage for small businesses, which account for over 90% of employers in the state.

Click here to continue reading!

12-Week STD Maternity Benefit in Virginia

While a short-term disability (STD) policy may offer a 12-week maternity benefit, not all carriers “automatically” pay 12 weeks. Please make sure you understand how the carrier’s contract is written.

Click here to continue reading!

Upcoming Events

Metlife is hosting a Continuing Education webinar about Paid Family Medical Leave (PFML) on Thursday, February 22 at 11 AM. You'll learn:

  • The common elements of PFML
  • Differences across state programs
  • Emerging trends

Click here to learn more and register!