SMART HR News You Can Use

Don’t forget to refer to the checklist for items you will need to complete in July. Districts that have July health insurance renewals should be building their July ACA info rows. It is much easier to build them in July than it is to build them later in the year! 

Watch your Check dates during payoffs. These dates will determine which TRA rate to use for employer and employee share. Employer Share – Fiscal Year 2024 & 2025 (07/01/2023 – 06/30/2025) = 8.75%Employer Share – Fiscal Year 2026 (07/01/2025 – 06/30/2026) = 9.50% Employee Share – Fiscal Year 2024 & 2025 (07/01/2023 – 06/30/2025) = 7.75%Employee Share – Fiscal Year 2026 (07/01/2025 – 06/30/2026) = 8.00%     When ...

Because of summer payoffs, remind your employees that switching banks this time of year is not a good idea. 

*File Submission- If your 1095 file has been accepted with errors, be sure to make the necessary corrections and transmit the file again. Step by step instructions can be found on the Region 1 website. Please contact your processor if you have questions or need help! New January Rows - Have you built your 2025 ACA information rows yet? If your health plan has a July renewal, then your administrative period is May and June. You need to be reviewing your ACA information to determine if you ne...