Entries by Simon Carlson
2022 HSA Limits: Cost-of-Living Adjustments Released by IRS
2022 HSA Limits The IRS has issued Revenue Procedure 2021-25 (2022 HSA limits), which provides the 2022 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). Some items have increased for 2021. Health Savings Accounts 2021 2022 Self-only coverage Self-only coverage annual minimum deductible $1,400 $1,400 Self-only coverage maximum out of […]
Webinar – 1.0 HRCI & SHRM: Compliant Medical and Dependent Care Flexible Spending Plans
DATE: Tue, Jul 27, 2021 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. Medical and Dependent Care Flexible Spending Accounts (FSAs) have been around […]
Webinar – 1.0 HRCI & SHRM: COBRA Compliance and ARPA Regulations
DATE: Wed, Jul 07, 2021 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. COBRA is a complex set of laws and regulations with many […]
New IRS Guidance on COBRA Premium Subsidy
New IRS Guidance on COBRA Premium Subsidy View the IRS News Release View the IRS Notice 2021-31 On May 18, 2021, the IRS released Notice 2021-31 that provides guidance on the COBRA premium subsidy that is available under the American Rescue Plan Act of 2021 (ARPA). ARPA provides a temporary 100% subsidy on COBRA premiums […]
IRS NOTICE 2021-26: Taxation Guidance for DCFSA Plans that Adopted 2021 COVID Relief Provisions
View the IRS News Release View the IRS Notice 2021-26 CAA: Carryover/Grace Period Provisions are Non-Taxable On May 10, 2021, the IRS released Notice 2021-26 on the taxation of dependent care benefits available pursuant to an Extended Grace Period or Carryover provision under a Section 125 Plan. The IRS explained in this Notice that Dependent Care FSA (DCFSA) balances […]
Treasury Releases Much Anticipated COBRA Direction
Yesterday, the IRS issued Notice 2021-31, which provides guidance needed to implement the temporary COBRA subsidy provisions included in the recently enacted $1.9 trillion COVID relief/stimulus package. The American Rescue Plan contained a 100% federal subsidy to reduce employer sponsored health care premiums for workers eligible for COBRA – due to an involuntary termination of […]
Webinar: 1.0 HRCI & SHRM: Managing Risk While Diversifying the Workforce
DATE: Tue, Jun 22, 2021 TIME: 2:00 pm EDT to 3:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. In today’s world, diversity, equity, and inclusion (“DEI”) programs are not […]
