Benefits News Highlights
There has been a lot of news and regulatory updates in the past few months. Below is a summary to...
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Benefits (2)
2021 Affordability Percentage
In Revenue Procedure 2020-36, the IRS increased the affordability percentage from 9.78% to 9.83%...
Over-The-Counter (OTC) Drugs & Menstrual Care Products Now Eligible for HSA, FSA, and HRA
On March 27, 2020, President Trump signed The Coronavirus Aid, Relief and Economic Security (CARES)...
2020 FSA Contribution Limits
The IRS has released the 2020 pre-tax dollar limits on employee contributions to...
New HRA Design Options for 2020
Two new Health Reimbursement Account (HRA) design options are available for employers to adopt on...
HSA Limits Increase for 2020
If you offer a High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) to your...
How Much Money Should You Put Into Your HSA Account?
Health savings accounts (HSAs) were created to help people save and pay for healthcare in a...
HSA's Are The Best Way To Save
Most people don’t think about an HSA as a savings account. Instead, they think of it as an account...
How to Save on HealthCare Costs
Massachusetts recently created a requirement for employers to complete a new HIRD form annually....