May 16, 2022
The IRS has released Revenue Procedure 2022-24 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2023. For many years a $50 increase in contribution limits...
Read MoreSeptember 01, 2021
The New York State Department of Financial Services released the 2022 rate for Paid Family Leave (PFL). The State is retaining the 2021 rate of 0.511% of covered wages up...
Read MoreMay 17, 2021
The IRS has released Revenue Procedure 2021-25 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2022. Annual HSA Contribution Limits Single – $3,650 ($50...
Read MoreApril 19, 2021
Following is a timeline and link to forms to assist in administration of the COBRA notices that must be sent to comply with the American Rescue Plan Act (ARPA). DATES: March 11th, 2021: American...
Read MoreApril 16, 2021
Department of Labor (DOL) guidance has begun to be released regarding the COBRA Subsidies included in the American Rescue Plan Act. Despite the subsidies being effective April 1st, the DOL...
Read MoreMarch 17, 2021
On March 11, 2021 President Biden signed the American Rescue Plan Act. Included in the Act are substantial temporary changes to COBRA, the ability to extend employer-based coverage. Federal COBRA...
Read MoreJanuary 06, 2021
The Consolidated Appropriations (Budget) Act for 2021 signed by the President includes time limited changes in Flexible Spending Account (FSA) administration and participant utilization. These changes are not mandatory, but...
Read MoreNovember 12, 2020
If you’ve been watching the news (and let’s face it, you have) you can’t miss the fact that COVID-19 infections and hospitalizations are increasing not just locally but around the...
Read MoreOctober 30, 2020
When we think about Open Enrollment most envision a company’s employees gathering in one room, listening to a consultant or Human Resource Manager run through the options and costs, and...
Read MoreOctober 28, 2020
The IRS has released both the Health Savings Account (HSA) limits and the Flexible Spending Account (FSA) limits for 2021. These were distributed in Revenue procedures 2020-32 and 2020-45, respectively. ...
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