article thumbnail

Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans. For plan years beginning in 2024, the minimum annual deductible is $1,600 for self-only coverage and $3,200 for family coverage. Those six states break down as follows.

401(k) 52
article thumbnail

The A to Z Explanation About Phantom Stocks

Vantage Circle

Back in the day, public companies used phantom shares primarily to generate cash for executives who held stock options. A software engineering firm with $28 million revenue and 85 employees carried out a case study. Phantom shares don't usually pay dividends. Can phantom shares be diluted? How is phantom equity taxed?