Retirement Plan Consultants
Hochheiser Deutsch & Co, Inc.
Loren D. Stark Company
Compass Retirement Consulting Group, Inc.
Trucker Huss, A Professional Corporation
Bates & Company
Carpenter Morse Group
ERISA Services, Inc.
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|2022 Affordability Percentage Will Be Lower; Your Company's Health Plan May No Longer Be Affordable|
Sept. 8, 2021
"[E]ven if you do not increase your premiums at all this year, what was affordable last year may be unaffordable this year due to a reduction in the affordability percentage.... For example, if using the rate of pay safe harbor, premiums for an employee making $15/hour were affordable in 2021 if they were less than $191.68. In 2022, for that same employee, the premium is affordable if less than $187.39."
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