2022 is here, and with a new year comes updated contribution limits for your team members’ benefit accounts. This information is important to help your people make plans for the upcoming year.
Limits are typically announced at...
Read MoreEmployers: What you need to know about 2022 benefit limits
HSA, HSA contribution limit, retirement, FSA, FSA contribution limit, IRS, hra, health savings, Commuter, Adoption
Announcing 2022 FSA, commuter, and adoption contribution limits
FSA, FSA contribution limit, IRS, health savings, Commuter, Adoption
The Internal Revenue Service (IRS) announced the official 2022 Flexible Spending Account (FSA), commuter, and adoption limits. It’s good news for accountholders wanting to save money on their eligible expenses. Read on to learn...
Read MoreShould you adopt the new FSA relief? Here are 5 questions to consider
HSA, HSA contributions, FSA questions, FSA, FSA contribution limit
Many organizations are abuzz with excitement over the recent Consolidated Appropriations Act, 2021 (the “Act”), which provides temporary new relief for flexible spending accounts (FSAs). With the legislation, organizations can...
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After much anticipation, Congress finally passed an appropriations bill that includes additional COVID relief. Most headlines are talking about the stimulus direct payment checks. But several other provisions impact dependent care
Read MoreYour one-stop review for 2020 retirement, health and commuter contribution limits
HSA, tax savings, retirement, 401(k), HSA contributions, FSA contribution limit, high deductible health plan
The IRS announced updated contribution limits for 401(k)s and other tax-advantaged accounts1 for 2020. These increases are more than just random numbers – they translate to significant opportunities for your employees to increase...
Read More2019 FSA contribution limit increased
HSA, Employers, tax savings, HSA contributions, FSA, FSA contribution limit
It’s official. The IRS has just announced that for 2019, individuals can contribute $2,700 to their FSA. That is an increase from the 2018 limit of $2,650. The FSA increase also applies to limited-purpose FSAs (LPFSA) that is...
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