A thorough understanding of the U.S. human resources laws and regulations is important for the HR benefits professional. This course provides an overview of these U.S. regulations as they apply to employee benefits programs and includes a review and discussion of the Affordable Care Act (ACA). In this course, you will:
- Explore government’s influence on employee benefits plans.
- Review legislation and regulations that affect retirement benefits.
- Examine legislative and regulatory requirements for pay for time not worked programs.
- Discuss relevant legislation that affects employee health and welfare benefits programs.
- Examine the taxation of health and welfare benefits and required nondiscrimination tests.
- Explore legal issues related to IRC Section 125 and Section 129 plans.
- Examine communication and administration activities related to benefits programs.
This course contains U.S. specific content and is designed for the U.S. HR benefits professional new to the field. It is also an ideal course for the HR generalist or compensation specialist with limited human resource law knowledge who would like to learn more.
Specific areas covered include:
- Government Influence on Employee Benefits
Learn about the legislative, regulatory and judicial processes, federal governing agencies, government benefits programs, state and federal programs, equal opportunity laws, Employee Retirement Income Security Act (ERISA), the Internal Revenue Code (IRC) and the Affordable Care Act (ACA).
- Legislative, Regulatory and Tax Environments for Retirement Benefits
Understand the environments for retirement benefits, including retirement terms, employer-sponsored retirement plans, IRS and DOL guidance, Economic Growth and Tax Relief Reconciliation ACT (EGTRRA), the Pension Protection Act, ERISA provisions, ERISA Section 404(c) regulations, nondiscrimination requirements for retirement plans, ADP/ACP nondiscrimination tests, tax issues related to retirement plans and Qualified Domestic Relations Order (QDRO).
- Legislative and Regulatory Environments – Pay for Time Not Worked
Learn about pay for time not worked, Fair Labor Standards Act (FLSA), Family and Medical Leave Act (FMLA), Uniformed Services Employment and Reemployment Rights Act (USERRA) and statutory requirements.
- Health and Welfare Benefits Legislation
Gain knowledge on health and welfare benefits terms, ERISA, Consolidated Omnibus Budget Reconciliation Act (COBRA), Health Insurance Portability & Accountability Act (HIPAA) and the ACA.
- Tax and Regulatory Environments for Health and Welfare Benefits
Understand tax and regulatory terms for health and welfare benefits, major health plan and insurance tax code sections, general tax advantages and the tax treatment of health plans for employers. Learn about nondiscrimination requirements for health plans, group term life insurance, accidental death and dismemberment benefits, disability income benefits and long-term care. Review the withholding and reporting requirements and financial accounting standards that affect health and welfare benefits.
- Regulatory Environments for Sections 125 and 129 Plans
Learn about IRC Section 125 including terms, cafeteria plans, key provisions, written plan requirements, statutorily eligible benefits, prohibited benefits, additional legal considerations and nondiscrimination rules. Learn about IRC Section 129 dependent care assistance, including nondiscrimination rules.
- Administration and Communication Requirements for Benefits Plans
Understand how to adapt benefits plans to regulations and communicate and report to regulatory agencies.
Upon completing this course, you will have gained valuable and essential knowledge on U.S. human resources laws and regulations.
Ready to get started?
This course is available in a variety of formats, including online and in-person.
Find a class format that works for you and register today.