Welcome to your CERF Toolkit!
Your responsibilities under CERF can be challenging to grasp. Since the federal government operates on an October 1 – September 30 fiscal year, but your plan/policy may run on a different twelve-month basis, the timing of your tax due date can seem complicated.
The annual CERF payment due July 31 corresponds with the second quarter filing dates per the IRS instructions. Links to the revised form and IRS instructions are below. Plan sponsors can file Form 720 electronically, but to do so, they must submit Form 720 through an approved transmitter and pay applicable service fees.
Who Is Responsible for Paying?
- If your plan is fully insured, the fee is built into your premiums and your insurance carrier is responsible for paying the fee.
- Self-funded plans (including level funding and graded preferred plans) must calculate and pay their own fee.
- Note: Health Reimbursement Accounts (HRAs) and certain Flexible Spending Accounts (FSAs) are considered self-funded group health plans. Regardless if your medical plan is fully insured or self funded, you are responsible for the HRA/FSA related fee.
The 2019 CERF payments are due on 7/31/19.