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Advance Premium Tax Credit – A new tax credit provided by the Affordable Care Act to help you afford health coverage purchased through the Marketplace. Advance payments of the tax credit can be used right away to lower your monthly premium cost...
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Enrolled COBRA members will pay their monthly COBRA premiums to Sentinel. Each month Sentinel will forward those monies to the client, less the 2% administration fee. The client continues to pay the insurance carriers' invoices on the member's be...
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Last Updated: 02/23/2024
in COBRA General Information
What specific events (“triggering events”) can be Qualifying Events? Death of the covered employee; Voluntary or involuntary termination of the covered employee’s employment other than by reason of gross misconduct (note that a retirement is co...
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Last Updated: 02/13/2024
in COBRA Employer Reports
This report will give you a listing of all COBRA members – enrolled, pending, terminated, etc. – all statuses. Log into COBRApoint from www.sentinelgroup.com Go to Reports / Standard Reports / Qualified Beneficiary Plan Members Leave da...
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Last Updated: 02/13/2024
in COBRA Employer Reports
Each month when the COBRA Monthly Reimbursement payment is received, run the following report out of COBRApoint to match up the COBRA participants with the money received. Deposits this month will be for activity in the prior month. For example, a...
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What is Personalized Investing? Personalized Investing, also known as a managed account, is a professionally managed, fully digital investment strategy that makes investing easier for plan participants. Exactly as the name implies, personalized...
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Mobile app promotional flyer for FSA, HSA, HRA and Commuter Accounts. Mobile App Flyer ...
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If you have received notification that an employee is requesting a distribution/withdrawal from their retirement account, the request must be approved by a authorized signer. You can be considered an authorized signer if you have received the email...
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As your service partner, we have taken steps to provide you with as much relevant information as possible to aid you in reviewing distribution requests. Below, please find tips and considerations we have put together to assist you as you fulfill the...
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Transit IRS guidelines require that all Transit claims be processed via the Sentinel debit card. Manual claims for reimbursement are generally not allowed. Parking Parking claims may be submitted via the employee's online account, via mobi...