ACA

October 19, 2023
ACA Play Or Pay Penalties

ACA Pay or Play Penalties Increase for 2024: HR Professionals Take Note

Earlier this year, the IRS announced 2024 employer mandate penalties that apply to all employers with 50 or more employees — otherwise known as applicable large employers (ALE). If you’re a human resources professional at an ALE, it is essential for you to understand these penalties and how they could impact your workplace.