Contribution Limits

IRS Releases 2019 Contribution Limits for Health Savings Accounts (HSAs)

2023-04-17T12:52:17-04:00May 15th, 2018|2018, Employee Benefits Legislation|

The IRS issued the calendar year 2019 inflation-adjusted figures for the annual contribution limits for health savings accounts (HSAs) and the minimum deductible amounts and maximum out-of-pocket expense amounts for high-deductible health plans. Individuals who participate in a high-deductible [...]

Legislative Update: New Massachusetts Penalty Regulating Employer Contributions

2023-04-17T12:52:25-04:00February 14th, 2018|2018, Employee Benefits Legislation|

Here is another piece of legislation we want to share with you about the Massachusetts penalty as it pertains to employer contributions to health care. On August 1, 2017, Massachusetts Governor signed into law H. 3822, “An Act Further [...]

Legislative Update: Congress Eliminates IRS Penalty on Employer Reimbursements for Health Insurance | NARFA

2023-10-27T12:21:05-04:00December 8th, 2016|2016, Employee Benefits Legislation|

You’re safe. For now. From this particular piece of legislation. 2017 is rapidly coming to a close, but that doesn’t mean there isn’t more legislative news pertaining to the Affordable Care Act and your taxes and potential penalties. However, [...]