On May 10, 2021, the IRS released Revenue Procedure 2021-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2022. The IRS is required to publish these limits by June 1 of each year....

Topics: HSA-Contribution-Limits, IRS, Health Care Savings Account, HDHP

2021 Open Enrollment Checklist To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2021. Employers should review their plan documents ...

Topics: employee benefits, open enrollment, Open-Enrollment-Checklist-2021, ACA-Affordability-Standards, FSA-Contributions, HSA-Contribution-Limits