IRS: Updated Mileage Reimbursement Rates

The IRS recently issued Notice 2018-42, which reflects recent changes due to the Tax Cuts and Jobs Act. Please consider the guidance below to determine...

New IRS Limits for Health Savings and High Deductible Plans

The IRS recently released the 2019 cost-of-living adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs). HSA Contribution Limits: For calendar year...

Study: Millennials Best Prepared for Retirement

According to the J.D. Power 2018 Group Retirement Satisfaction Study released May 24, 2018, Millennials are the most likely of all the demographic groups to...

HSA Limits Revert to Previous Levels

On March 2, 2018, it was announced that the Health Savings Account (HSA) limit for family plans would be reduced by $50 to $6,850, from...

Alert! IRS Reduces HSA Maximum Contribution

In the recently issued Internal Revenue Bulletin No. 2018-10, the Internal Revenue Service (IRS) announced that it is reducing the maximum, permissible employee contribution to...