On May 4th, 2015, the IRS released the contribution limits for Health Savings Accounts (HSAs) for calendar year 2016. While the limits have been increased gradually over the past couple of years, only some of the HSA limits will increase for 2016. The following table illustrates the 2015/2016 comparisons for HSA limits: We hope that […]Continue Reading →
Posts Tagged '2016'
Effective January 1, 2016, a new local law in New York City will require most employers with 20 or more full-time employees to offer full-time employees the opportunity to use pre-tax earnings to purchase qualified transportation fringe benefits — other than qualified parking — in accordance with federal law. Under this law, a “full-time employee” is defined as an employee […]Continue Reading →