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FSA

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  • IRS 2019 Plan Limits Released

    The IRS has finally released the FSA and Transportation maximum benefit limits for 2019. Here are the 2019 annual limits for employee benefit plans, including: …

  • House Passes Bills to Improve Health Savings Accounts

    The House of Representatives recently passed two bills that expand and improve access to Health Savings Accounts (HSAs). HR 6199 includes the following: Allowing HSA …

  • Cafeteria Plan Benefits

    Section 125 of the Internal Revenue Code created cafeteria plans, which enable employers to offer their employees a choice between taxable and qualified non-taxable benefits. …

  • Health Savings Accounts

    A health savings account (HSA) is an individually-owned bank account which allows employees to save for out-of-pocket medical expenses on a tax-advantaged basis. Both the …

  • COBRA

    The right to continuation coverage was created by a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). COBRA allows employees and their …

  • Paying the PCORI Fee in 2019 – Plan Years Ending in 2018

    Under the ACA, all medical plans are responsible for paying the Patient-Centered Outcomes Research fee to the IRS, based on the number of plan participants. …

  • IRS 2018 Plan Limits Released

    The IRS released the 2018 annual limits for employee benefit plans, including the following: The maximum retirement plan annual elective deferral increased to $18,500, but …

  • IRS 2017 Plan Limits Announced

    The IRS announced the 2017 annual limits for employee benefit plans, including the following: The maximum retirement plan annual elective deferral remains unchanged at $18,000, …

  • PCORI Fee Increase

    The PCORI fee under the ACA has increased to $2.17 per covered life for plan years that end on or after October 1, 2015, and …

  • IRS FAQs on ACA Provisions and FSA Carryover

    In December 2015, the IRS published Notice 2015-87 providing detailed guidance primarily on the ACA’s impact on several employer-sponsored health care plan design options. Highlights …

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