Tag: transit benefits

Today, the Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,700 for plan years beginning in 2019, up from the 2018 limit of $2,650. The IRS also announced an increase in the 2019 monthly…

On October 19, 2017, the Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,650 for plan years beginning in 2018, up from the 2017 limit of $2,600. The IRS also announced an increase in…