COBRA, ACA, and ERISA: Breaking Down Benefits Compliance

Employee benefits are more than just health insurance and retirement plans — they’re governed by strict federal laws like COBRA, ACA, and ERISA. For small businesses, keeping up with these regulations can feel overwhelming. At Magnet HR, we simplify benefits compliance so you can stay protected, avoid penalties, and focus on running your business.

1. COBRA: Continuation of health coverage

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers with 20 or more employees to offer temporary continuation of health coverage when employees lose their jobs or experience a qualifying life event. Failing to comply can lead to heavy fines. An HR partner ensures notices are sent and timelines are met.

2. ACA: Affordable Care Act requirements

The ACA sets rules for employer-provided health coverage. Businesses with 50 or more full-time employees must provide affordable, minimum essential coverage or face penalties. Even smaller businesses must report properly. Magnet HR helps you navigate these requirements without getting lost in government forms.

3. ERISA: Protecting employee benefits

The Employee Retirement Income Security Act (ERISA) establishes standards for retirement and health benefit plans. It requires proper plan documentation, fiduciary responsibilities, and reporting. Mistakes can put your business at risk. With HR support, you can stay compliant and protect your employees’ benefits.

4. Why compliance matters for small businesses

Ignoring benefits compliance doesn’t just risk fines — it impacts employee trust and retention. Employees want to know their benefits are secure and legally sound. By partnering with Magnet HR, you ensure your benefits are managed responsibly, so your team feels protected and valued.

5. Simplify compliance with HR support

Laws like COBRA, ACA, and ERISA can be complex, but you don’t have to handle them alone. Magnet HR offers hands-on compliance support, ensuring your policies, documentation, and filings are done correctly — without the stress of doing it yourself.

Why choose Magnet HR Group?

At Magnet HR Group, we combine technology with real HR expertise to make benefits compliance simple. From COBRA notices to ACA reporting, we give small businesses peace of mind while protecting employees’ rights.

• ✔ Expert guidance on COBRA, ACA, and ERISA compliance
• ✔ Transparent, small-business-friendly pricing
• ✔ Dedicated HR support team — not just software alerts
• ✔ End-to-end benefits administration and reporting