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...

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Should 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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Flexible spending accounts just got more flexible

FSA questions, FSA, FSA contribution limit

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...

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Your 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...

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2019 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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