New York Paid Family Leave Update
In 2016, New York State passed a Paid Family Leave (PFL) law that provides partial income replacement and job protection while workers are on leave for covered reasons. Employees will be able [...]
IRS Raises Medical FSA Maximum to $2650 for 2018
On Oct. 19, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-58 (see page 14) which increased the FSA dollar limit on employee salary reduction contributions to $2,650 for [...]
HSA Advance – Access to HSA Funds when you need them!
Wouldn’t it be great if life happened just like we planned? Few of us plan to get sick or schedule a medical emergency. Fortunately, HSA Advance can be a real benefit when life doesn’t go [...]
9th Circuit Rules Salary History Not an Acceptable Reason for Pay Discrepancies
The 9th Circuit Court of Appeals ruled Monday that salary history is not an acceptable reason for pay differences under the Equal Pay Act (EPA), even when used in conjunction with other factors. [...]
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IRS announces family contribution changes for HSAs
Effective for calendar year 2018, the family contribution limit for HSAs has been lowered to $6,850 from the previously set amount of $6,900. We are in the process of updating our Plan Sponsor [...]
Transit and Parking Benefits Get a Cost of Living Increase for 2013
On Friday, January 11, 2013, the Internal Revenue Service announced inflation adjustments for the 2013 tax year, which included items from the recently passed American Taxpayer Relief Act of [...]
An individual enrolled in Medicare A or B cannot be enrolled in an HSA
By: Eric Johnson Source: www.benefitspro.com/2011/04/19/looming-questions-for-hsas-and-medicare An individual enrolled in Medicare A or B cannot be enrolled in an HSA Most of us know that an [...]
Significant FSA Developments
This week brought significant developments with respect to two very important issues affecting health FSAs. On Wednesday, the IRS issued Notice 2012-42 to clarify how the cap on salary deferrals [...]
