The IRS recently announced the largest increase yet to Health Savings Account (HSA) contribution limits. With the rising costs of medical care and an increased focus on personal financial responsibility, this adjustment in HSA contribution limits hol...
Authored by Nicole Olszyk
One of the biggest trends in employee benefits is for employers to be much more involved in an employee’s life than ever before. Although many employees like to keep a strict divide between work and life the two are bec...
The IRS announced an increase to the maximum HSA contribution limits for the 2023 calendar year in Revenue Procedure 2022-24
The individual contribution limit has been raised from $3,650 to $3,850. The family contribution ...
The IRS announced an increase to the maximum HSA contribution limits for the 2022 calendar year in Revenue Procedure 2021-25.The individual contribution limit has been raised from $3,600 to $3,650. The family contribution limit has been raised f...
The American Rescue Plan Act of 2021 (ARPA), signed into law on March 11, 2021, permits employers to increase the annual limit on contributions to Dependent Care Flexible Spending Accounts.
The new Dependent Care FSA annual limit for 20...
EBSA Relief Notice 2020-01 and the “Join Notice” regarding benefit plans, participants, and beneficiaries affected by the COVID-19 outbreak issued by the Department of Labor, the Department of the Treasury, and Internal Revenue Service provide r...
