September 6, 2013
On Sept. 5, 2013, the Internal Revenue Service released two proposed rules on the Affordable Care Act’s requirements for certain employers to provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees. These reporting requirements, found in Internal Revenue Code sections 6055 and 6056, are intended to provide the IRS with information to administer other ACA mandates, such as the employer and individual mandates. Earlier this summer, these reporting requirements were delayed until 2015, along with the employer mandate penalties.
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September 5, 2013
Last week the IRS released new rules for same-sex couples reacting to the unconstitutionality of the Defense of Marriage Act. This newsletter reviews those rules from an HSA perspective.
Did the Supreme Court’s 2013 ruling that the Defense of Marriage Act is unconstitutional impact HSAs?
Yes, the ruling changes HSAs for legally married same-sex couples. The Defense of Marriage Act (DOMA) defined marriage as between one man and one women and accordingly did not grant same-sex couples the same rights as opposite sex couples under federal law. Prior to the Supreme Court’s ruling, same-sex couples could not get the benefits afforded “spouses” under HSA law.
Click here to download New HSA Rules for Same-Sex Marriages from our friends at:
