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Coastal Payroll Services offers complete COBRA Services and full Section 125 Administration. The Consolidated Omnibus Budget Reconciliation Act requires that many employees be given the opportunity to extend health coverage beyond their date of employment. Our COBRA Service includes all required mailing of notices and collections and monthly updates for qualifiers to be added or terminated from benefit coverage.
IRS Section 125 is one of the most valuable and widely misunderstood benefits offered by employers. Non-compliant Flexible Spending Accounts can be very costly. Coastal Payroll Services will review these plans to identify key problem areas. We can provide "best-practice" integration to our payroll system and provide full integration of Flexible Spending Accounts and COBRA with participation mapping.