Griffin Benefits

NOVEMBER 1, 2022

The IRS has finally announced adjustments to 2023 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. Transportation Fringe Benefits Rise for 2023. 2023 Retirement Plan Limits Increase.

401(k) 82

401(k) Retirement Plan Health Savings Account Deductions 82

Griffin Benefits

NOVEMBER 11, 2021

The IRS has finally announced adjustments to 2022 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. Transportation Fringe Benefits Rise for 2022. HSA & HDHP Limits Increase for 2022.

401(k) 55

401(k) Retirement Plan Health Savings Account Deductions 55

CorpStrat

JANUARY 17, 2023

The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). 401(k) plans. Transportation fringe benefit plans. HDHP limits for minimum deductibles and out-of-pocket maximums. Health flexible spending accounts (FSAs).

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

Benefit Resource Inc.

MARCH 28, 2024

This includes copayments, deductibles, prescriptions, and more. Health savings accounts (HSAs): HSAs are available to those with qualifying high-deductible health plans (HDHPs). Contributions to an HSA are tax-deductible, and withdrawals for qualified medical expenses are tax-free. Plus, the funds can roll over year after year.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Flexible Spending 52

HR Digest

OCTOBER 22, 2023

401(k) as a Fringe Benefit The very popular 401(k) is also a fringe benefit as employers can choose to assist employees with their retirement planning. Can Employers Deduct Fringe Benefits? Again, whether a benefit is fully deductible or not depends on the IRS and the limitations that have been set.

401(k) 52

401(k) Employee Stock Option Deductions Deductible 52

Genesis HR Solutions

SEPTEMBER 22, 2020

Using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other expenses can lower overall health care costs. An HSA can be used only if employees have a qualified High Deductible Health Plan (HDHP). 401(k) & 403(b) Retirement Plans. Making sure payroll deductions are correct.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Business Management Daily

JANUARY 6, 2020

Regulations on deducting employees’ meal expenses. This follows up on Notice 2018-76, which sets five criteria for corporate deductions for employees’ meals. Regulations concerning qualified transportation fringe benefits and the disallowance of corporate deductions for employees’ parking expenses.

401(k) 52

401(k) Family and Medical Leave Act Deductions Deductible 52