The IRS has released the 2024 HSA maximum contribution limits. See below for changes from 2023 to 2024: 2024 CONTRIBUTION, OUT-OF-POCKET LIMITS FOR HEALTH SAVINGS ACCOUNTS (HSA) AND HIGH-DEDUCTIBLE HEALTH PLANS…

As the importance of employee wellness has become more prevalent, so has the need for new and creative ways to better support your employees. A Lifestyle Spending Account (LSA) is a great option because it can be used by employees to pay for mental, physical…

The IRS released the 2023 Medical Mileage reimbursement rate which will remain at $0.22 cents/mile driven for medical purposes. Reimbursement Rate 2022 Reimbursement Rate 2023 Medical Mileage Reimbursement Medical Mileage…

On October 18, 2022, the IRS released the 2023 Health FSA / Limited Purpose FSA and Commuter Benefits maximum contribution limits. There are no changes to dependent care flexible spending account (DC FSA) limits for 2023. The contribution limit will remain…

The IRS has released the 2023 HSA maximum contribution limits. See below for changes from 2022 to 2023: 2023 CONTRIBUTION, OUT-OF-POCKET LIMITS FOR HEALTH SAVINGS ACCOUNTS (HSA) AND HIGH-DEDUCTIBLE HEALTH PLANS…

On November 10, 2021, the IRS released the 2022 Health FSA / Limited Purpose FSA and Commuter Benefits maximum contribution limits. There are no changes to dependent care flexible spending account (DC FSA) limits for 2022. The contribution limit will remain…

The IRS has released the 2022 HSA maximum contribution limits. See below for changes from 2021 to 2022: 2022 Contribution, Out-of-Pocket Limits for Health Savings Accounts (HSA) and High-Deductible Health Plans…

On October 27, 2020, the IRS released the 2021 FSA and Commuter Benefits maximum contribution limits. There are no changes to flexible spending account (FSA) and commuter benefits contribution limits for 2021. For health FSA plans that permit the carryover…

On November 7, 2019, the IRS released the 2020 FSA, Commuter, and QSEHRA maximum contribution limits. 2020 HSA limits were released in May. See below for all 2020 maximum contribution amounts, with changes bolded: Contribution…

It's been a few years since any large changes were made by the IRS to reimbursement accounts. Change may be on the horizon again. Several bills made their way through the House Ways and Means Committee in early July, and passed in the House on July 25. If…