NEWS

ECFC Alert

IRS releases 2014 inflation-adjusted amounts for HSAs and proposed regulations

The IRS has released Rev. Proc. 2013-25, providing the 2014 inflation-adjusted amounts for health savings accounts (HSAs). Separately, proposed regulations have been issued that address the impact of HRAs, HSAs, and wellness programs with respect to minimum value and affordability determinations.

News

11/14/2024

What Are the Medicare Secondary Payer Reporting Requirements for Our Company’s Group Health Plans?

Are employer-provided health plans are subject to Medicare Secondary Payer (MSP) mandatory reporting requirements?

11/14/2024

The IRS has announced the 2025 dollar limits and thresholds for retirement plans, which reflect the latest cost-of-living adjustments.

2025 cost-of-living adjustments (COLAs) for a wide variety of tax-related items released.

11/14/2024

IRS Announces 2025 Retirement Plan Dollar Limits and Thresholds

IRS Notice 2024-80 (Nov. 1, 2024); IRS News Release IR-2024-285 (Nov. 1, 2024)

11/14/2024

Do Employer Contributions Count Toward the Contribution Limit That Applies to Health FSAs?

Often a cafeteria plan which includes a health FSA is funded solely by employee salary reductions. Employers can choose to add an employer contribution feature to the health FSA, such as a matching or seed contribution. Would these employer contributions count toward the limit that applies to health FSAs?

04/14/2023

Employee Benefit Acronyms Part 3 of 3

Everybody in the employee benefits field uses acronyms like ALE, MLR, and ACA, but what do these and other employee benefits acronyms stand for?