Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
H&W 2018 HSA Limits Released
HSA (health savings account) cost-of-living contribution and coverage adjustments for 2018 have been issued in Revenue Procedure 2017-37. The new 2018 HSA limits, minimum deductibles and maximum out-of-pocket expense levels for calendar year 2018 are as follows: HSA Annual Contribution Limitation Contributions
H&W Preventive Services Task Force Release: Preeclampsia
Preventive Services Section 2713 of the Public Health Service Act (the “Act’), as added by the Affordable Care Act (“ACA”), requires group health plans and health insurance issuers that are not grandfathered health plans to provide a wide array of
401(k) Adoption Date Extended for Defined Contribution Pre-approved Plans
The IRS has extended the deadline from Sunday, April 30, 2017, to Monday, May 1, 2017, for certain employers to adopt defined contribution pre-approved plans and apply for a determination letter. Further details are available on the IRS website.
H&W: IRS Releases Publication 502 and Publication 503 for 2016 Tax Returns
The IRS released Publication 502 and Publication 503 for use in preparing 2016 tax returns. Publication 502 includes medical expenses that are deductible on a taxpayer’s 2016 return and Publication 503 covers the requirements necessary to claim the dependent care tax credit.