Table of 2025 Indexed Benefit Limits May 21, 2024 We are providing a table below of 2025 indexed benefit limits we have seen published so far. We updated each … Read More >
Table of 2024 Indexed Benefit Limits March 31, 2023 We are providing a table below of 2024 indexed benefit limits we have seen published so far. We updated each … Read More >
IRS Indexes 2023 FSA, Commuter, HCE, Key, and Other Limits October 24, 2022 In Revenue Procedure 2022-38 and Notice 2022-55, the IRS sets forth a variety of 2023 adjusted tax limits. While there … Read More >
Table of 2023 Indexed Benefit Limits May 11, 2022 We're starting to see some 2023 indexed benefit limits, so we're providing this table for your convenience. We'll update each … Read More >
Table of 2022 Indexed Benefit Limits November 18, 2021 With the IRS taking much longer than usual to publish FSA limits and ACA affordability percentages, we are finally able … Read More >
IRS Indexes 2022 FSA and Commuter Plan Limits November 10, 2021 In Revenue Procedure 2021-45, the IRS sets forth a variety of 2022 adjusted tax limits. Among other things, the notice … Read More >
IRS Relaxes Taxation of Daycare FSA Enhancements May 11, 2021 The American Rescue Plan Act increased the calendar year 2021 income exclusion limit for daycare FSA reimbursements from the usual … Read More >
IRS Allows PPE to be Reimbursable Medical Expenses March 29, 2021 In some rather odd timing, the IRS has just announced that purchases of personal protective equipment (PPE) can be treated … Read More >
American Rescue Plan Increases 2021 Dependent Care Allowance to $10,500 March 15, 2021 One very short provision of the American Rescue Plan Act of 2021 (ARPA) allows up to $10,500 of dependent daycare … Read More >
IRS Clarifies FSA Options and Offers Additional Flexibilities February 19, 2021 The Taxpayer Certainty and Disaster Tax Relief Act of 2020, recently enacted as Division EE of the Consolidated Appropriations Act, … Read More >