Setrics Tracker

Knowledge Base

Health and Welfare

IRS Announces Some 2024 Cost-of-Living Adjustments for Welfare Benefit Plans

On November 9, 2023, the IRS issued Revenue Procedure 2023-34 which provides some of the 2024 cost-of-living adjustments for inflation as provided by the Internal Revenue Code.

Uncategorized

NBS Demonstrates Integrity and Accountability Through CEFEX Audit

Trust is the cornerstone of every successful partnership. National Benefit Services, LLC (NBS) earns this trust by holding itself to the highest standards of integrity and accountability.

Updates

NBS Successfully Completes SOC 1 and SOC 2 Examinations for 2022

Two of our most meaningful values at NBS are accountability and integrity. We strive to incorporate these values into all aspects of our business including our technology, systems, and people.

Updates, Health and Welfare

What the end of the COVID-19 National Emergency means for Plan Sponsors of Benefit Plans

On May 11, 2023, the national emergency concerning the coronavirus disease 2019 (COVID-19) pandemic (“COVID-19 National Emergency”) and the COVID-19 Public Health Emergency ended.

Health and Welfare

IRS Announces Some 2023 Cost-of-Living Adjustments for Welfare Benefit Plans

The new 2023 cost-of-living adjustments for inflation as provided by the Internal Revenue Code.

Retirement

IRS Announces 2023 Cost-of-Living Adjustments for 401(k) Plan Limits and Thresholds

The new 2023 cost-of-living adjustments for inflation as provided by the Internal Revenue Code.

Uncategorized

NBS Attains CEFEX Certification for 10th Consecutive Year

NBS distinguishes itself as a leader for the past 10 years with CEFEX audit

Updates

NBS Successfully Completes SOC 1 and SOC 2 Examinations

NBS is committed to the highest standards of security and internal controls as demonstrated by our SOC 1 and SOC 2 audits.

Health and Welfare

IRS Announces 2022 Cost-of-Living Adjustments for Welfare Benefit Plans

IRS issues guidance regarding the maximum health FSA election limit and other cafeteria plan limits for the 2022-2023 plan year.

Retirement

IRS Announces 2022 Cost-of-Living Adjustments for Retirement Plans

IRS issues guidance regarding maximum 401(k) elective deferral limits and other retirement plan limits for the 2022-2023 plan year.