WCIF Benefits Blog: May 2021

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WCIF Electronic Administrative Committee for Excellence (eACE) Manual

The latest update of our electronic Administrative Committee for Excellence (eACE) Manual is now available. What’s new? In addition to updates, we have added a new section to address Terms, Leave of Absence & Reinstatement.

To access the manual, please log onto the Employers section of www.wcif.net, enter the password: wcif1958 and select eACE Manual under Administrative Tools at the top of the page.


American Rescue Plan Act of 2021

Dependent Care Account Increase Option
As part of the American Rescue Plan Act of 2021, the statutory limit for Dependent Care Flexible Spending Account pre-tax contributions was recently increased from $5,000 to $10,500 (or $5,250 for married individuals filing separately) for the 2021 tax year. This temporary change allows employers to amend their dependent care programs to adopt the increased limit for the 2021 tax year.

COBRA Premium Subsidy
If your COBRA administration for medical, dental, vision, EAP or HRA is provided by Vimly, please read THIS DOCUMENT in detail. If your COBRA administration is provided by a different company, please reach out to your administrator for information.

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