Money Talk

MAY 18, 2022

Now that 2021 income tax season has been over for a month and the dust has settled, it is time to start some serious tax planning for 2022. In an earlier blog post , I described 12 tax planning topics for 2022. Improve Your Tax Records - If disorganized records were a problem for 2021 taxes due in 2022, set up a better system.

Taxes 262

Taxes 401(k) Deductions Deductible 262

InterWest Insurance Services

DECEMBER 9, 2021

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. Here’s a list of what to expect in 2022. For 2022, the affordability level will be 9.61% of their household income, down from 9.83% in 2021.

Health Insurance 95

Health Insurance Insurance Insurance Carriers Deductions 95

WEX Inc.

OCTOBER 4, 2023

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. You must be enrolled in a high-deductible health plan (HDHP) to be eligible, which lowers you insurance premiums. The 2022 HSA limits are $3,650 for self-only and $7,300 for family.

401(k) 98

401(k) Flexible Spending Account Health Savings Account Flexible Spending 98

Money Talk

JUNE 29, 2022

We are almost at the halfway mark of 2022, which makes this a perfect time to assess your financial progress and take action over the next six months. Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team. 50% stock, 30% bonds, and 20% cash assets). . child care, loan) ends.

401(k) 245

401(k) Out of Pocket Cost Finance Flexible Spending Account 245

InterWest Insurance Services

NOVEMBER 25, 2022

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. They also cover the minimum deductibles that qualify programs as high-deductible health plans (HDHPs), which an HSA must be attached to under law. 7,750 for family coverage (up $450).

401(k) 96

401(k) Deductions Deductible Flexible Spending Account 96

McDermott Will & Emery Employee Benefits

OCTOBER 19, 2022

On October 18, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans (see Rev. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

Health and Welfare 81

Health and Welfare Flexible Spending Account Flexible Spending Salary 81

Benefit Resource Inc.

DECEMBER 30, 2022

Let’s look back at some of the important things we’ve learned about pre-tax benefits in 2022. Choosing between a Health Savings Account (HSA) and a Flexible Spending Account (FSA) can be overwhelming. visit bri blog. HOW TO AVOID PENALTIES ON AN HSA WITHDRAWAL. Choosing between an FSA and an HSA.

Taxes 75

Taxes Flexible Spending Account Health Savings Account Flexible Spending 75