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IRS Announces 2024 Employee Benefit Plan Limits
The IRS recently announced the cost-of-living adjustments for employer-sponsored retirement and employee benefit plans for 2024.
IRS Provides Tax Inflation Adjustments for Tax Year 2023
The IRS recently announced tax year 2023 annual tax inflation adjustments, including tax rate schedules. These adjustments generally apply to tax returns filed in 2024. Here are some of the other highlights.
Health FSA Contribution Limit Will Increase for 2023
For plan years beginning in 2023, the limit on an employee’s salary reduction contributions to a health FSA increases to $3,050. Here’s how a health FSA can save you and your worker money and help you attract and retain top talent.
IRS Releases 2021 Contribution Limits
The IRS has released its cost-of-living adjustments, which impact several contribution limits for the 2021 tax year. Here are some of the key contribution limits relevant to household employers.
