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 85

Health Insurance Insurance Insurance Carriers Deductions 85

Benefit Resource Inc.

DECEMBER 30, 2021

New Limits to FSAs, HSAs, Commuter Benefits for 2022. Limits for Health Savings Accounts (HSAs) were released earlier this year. Pre-tax Account Limits for 2022. Health Flexible Spending Account: $2,850 (Up from $2,750 in 2021) Health FSA Rollover: $570 (Up from $550. Up from $270/mo.

Health Savings Account 40

Health Savings Account Deductions Deductible Flexible Spending Account 40

Higginbotham

NOVEMBER 15, 2023

IRS Announces 2024 FSA, Retirement Plan Limits Earlier this month, the Internal Revenue Service (IRS) released cost-of-living adjustments and inflation-adjusted limits for 2024 that affect amounts employees can contribute to health flexible spending accounts (FSAs), 401(k) plans and individual retirement accounts (IRAs).

401(k) 52

401(k) Retirement Plan Flexible Spending Account Insurance 52

Fringe Benefit Analysts

JANUARY 25, 2021

Tax Provisions. Some of the changes are effective now , and some will become effective in 2022 and 2023. Trillion Act is one of the largest spending measures ever enacted and is one of the longest bills ever passed by Congress. The company receives a Tax Credit on their Quarterly Taxes to help pay for this leave.

Family and Medical Leave Act 40

Family and Medical Leave Act Paid Leave Health Insurance Telecommunication 40