Compliance…everything you need in one place!
Resource Seven would like to introduce you to R7 Connect Employer Services. Our goal is to assist you in making each year a great success. Your business demands significant attention to a variety of issues – issues that you cannot afford to ignore. We free up time and resources so that you can focus on what is most important to you- running your business profitably. Resource Seven can find the best solutions at the best value to ensure your compliance and growth from Employee Benefits to HR Compliance. We welcome the opportunity to discuss your specific needs and demonstrate our extensive knowledge and services. Let Resource Seven be your # 1 resource.
We learned early that if you want to be the best at something, you can’t worry about the cost or the trouble. We do things differently, and we do them with great pride and passion. Our independently owned and operated insurance, financial, and business services brokerage is a collaboration of talent and resources. We use expertise, ingenuity, and provide the services that each client needs. We bring together philosophies, professional networks, technology, entrepreneurial experience, tools and innovative resources to offer our clients a unique approach at competitive prices. Our process, it’s easy!
Resource Seven can help you be compliant!
The ACA’s reporting requirements apply to all employers with 50 or more full-time or equivalent employees. Resource Seven provides employers with a solution that helps manage crucial employer-related elements of Health Care Reform, including determining ACA offer of coverage eligibility, assessing affordability, and providing a critical Regulatory Management solution that helps you identify and address compliance issues that may result from interactions with government agencies before they become a problem.
The Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as COBRA, is a federal law that requires employers of 20 or more employees with group health plans to offer employees, their spouses and dependents a temporary period of continued health care coverage if they lose coverage through the employer’s group health plan.
ERISA Wrap Document & Amendments
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for retirement and health benefit plans in private industry.
The federal Family and Medical Leave Act (FMLA) generally requires private employers with 50 or more employees to provide eligible employees with up to 12 weeks of unpaid leave during a 12-month period for certain family and medical reasons.
Section 125 (POP) Plan
A Cafeteria Plan (includes Premium Only Plans and Flexible Spending Accounts) is an employee benefits program designed to take advantage of Section 125 of the Internal Revenue Code. A Cafeteria Plan allows employees to pay certain qualified expenses (such as health insurance premiums) on a pre-tax basis, thereby reducing their total taxable income and increasing their spendable/take-home income.