1.5 minute read
On October 22, 2024, the IRS announced a new limit for 2025 on pre-tax contributions to health flexible spending accounts (FSAs). FSAs, raising it to $3,300, up $100 from 2024's limit.
1.5 minute read
The IRS issued a bulletin which reminds taxpayers that tax-advantaged medical savings accounts (health flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and...
1.5 minute read
The IRS recently increased the health flexible spending accounts (FSAs) dollar limit on employee salary reduction contributions for 2024 plan years. For plan years beginning in 2024,...
1.5 minute read
The IRS has relaxed mid-year election change rules for fully insured and self-insured employer sponsored health coverage, FSAs, and DCAPs for 2020. The changes are designed to allow...
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Starting January 1, 2020, some employers will be able to offer individual coverage HRAs (ICHRAs) to help employees pay for individual health insurance. Final rules were established in...
