Affordability Guidelines under the Employer Mandate

The IRS has released the affordability safe harbor percentage for employers to use for plan years beginning on or after January 1, 2019. Employers should use 9.86% to determine their affordability for their 2019 plan year. This is an increase from the 2018 affordability safe harbor percentage.

Please contact your Assurance representative if you have any questions.

Information contained herein is not intended to constitute tax or legal advice and should not be used for purposes of evading or avoiding otherwise applicable regulatory responsibilities as issued by the federal or state government(s) and/or taxes owed under the Internal Revenue Code. You are encouraged to seek advice from your legal or tax advisor based on your circumstances.