The Treasury Department and the Internal Revenue Service recently released IRS Notice 2026-05 which outlined the provisions of the One Big Beautiful Bill Act (OBBBA) that impacted HSAs in the following respects: Safe Harbor for Telehealth and Remote Services. The OBBBA retroactively made permanent the safe harbor for high-deductible health plans to provide healthcare coverage […]
An Amazon Web Services (AWS) outage on Monday, October 20 made the internet and software that AWS powers unreliable for millions of people. The impact of the outage was felt worldwide, with many companies reporting issues with their website and apps including Venmo, Snapchat, Reddit and Adobe, as well as Amazon’s own Alexa and Ring […]
The Internal Revenue Service (IRS) today announced the annual inflation adjustments to contribution and benefit limits for more than 60 tax provisions in 2024. The table below shows the contribution and benefit limits for certain plans in 2023 and 2024. HEALTH AND WELFARE PLAN LIMITS FSA 2023 2024 Health FSA salary reduction $3,050 ↑ […]
The Internal Revenue Service (IRS) on Tuesday announced the annual inflation adjustments to contribution and benefit limits for more than 60 tax provisions in 2023. The table below shows the contribution and benefit limits for certain plans in 2022 and 2023. HEALTH AND WELFARE PLAN LIMITS FSA 2022 2023 Health FSA salary reduction $2,850 […]
