The initial data reports from NRECA to help cooperatives prepare for Affordable Care Act (ACA) tax reporting for the 2025 tax year were released today, December 17. They were provided through the Message Center on the Employee Benefits website to[…]
Restated summary plan description (SPD) documents for the NRECA Group Benefits Program plans will be released to benefits administrators starting the week of December 16, 2025. Please allow a few days for your SPDs to generate. Give them to participants[…]
NRECA is excited to announce that as a result of our negotiations with HealthEquity, a provider of health savings accounts (HSAs) for many co-ops, monthly administration fees will be waived in 2026. Administrative fees have historically been levied on a[…]
If your cooperative offers group term life insurance that exceeds $50,000, you must report imputed income on employees’ W-2 forms. Co-ops that do not receive this service from their payroll provider or other vendor are welcome to use the updated[…]
Need to change the billing frequency for your cooperative’s group benefits plans for the 2026 plan year? You can change it to monthly, quarterly, semi-annual or annual through the Group Billing Frequency page on the Employee Benefits website by December[…]