1.5 minute read
A new Remodel Health report shows a 29% increase in U.S. employers adopting individual coverage health reimbursement arrangements (ICHRAs) from 2023-2024.
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3.5 minute read
As 2024 draws to an end, it's a good time to remind employees to utilize any remaining balances in pre-funded accounts like HSAs or FSAs that might not carry over into the next year....
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...
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1.5 minute read
The IRS issued Notice 2024-2 which gives guidance regarding the “SECURE 2.0” Act. SECURE 2.0 is part of the Consolidated Appropriations Act of 2023 which was signed in December of...
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3.5 minute read
A Health Savings Account (HSA) is a powerful tool for employees to save money. It can be used to cover qualified medical expenses such as deductibles, co-pays, dental and vision...
1.5 minute read
Employers are starting to recognize that employee well-being is important to achieving long-term success. Financial wellness programs have become a valuable tool for employers to...
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1.5 minute read
President Biden signed a resolution which ended the COVID-19 national emergency as of April 10, 2023. Both the national emergency and public health emergency (PHE) were supposed to...
1 minute read
An Employee Benefit Research Institute study found that retirees will need to save hundreds of thousands of dollars to cover Medicare costs. These costs include prescription drugs,...
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This is an update to our December 2016 blog post (IRS Updates Will Impact School, City and County HRA Plans in 2017) regarding IRS Notice 2015-84 – Dependents seeking reimbursements from an HRA.
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There are two changes effective January 1, 2017, for those schools, cities and counties who have an “Integrated” HRA Plan. Integrated HRAs are Health Reimbursement Arrangements tied to health...