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2018 HSA Contribution Figures

The IRS set new limits for Health Savings Accounts for 2018. The contribution limits are rising: For individual accounts: rising by $50 to $3,450 (from 2017's $3,400) For family accounts: rising $200 to $6,900 (from...

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2017 HSA Contribution Figures

The IRS announced the 2017 HSA limits today. We are especially excited to see they raised the Individual contributions as it has not changed in 2 years. Here are the details: Out of pocket maximums are unchanged at $...

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Supreme Court ACA Subsidy Decision

The Supreme Court has spoken on the King v. Burwell case. In a 6-3 decision, the Supreme Court ruled the Affordable Care Act (ACA) federal tax credits for eligible United States citizens will remain in force. In...

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Health Care FSA increase for 2015

The IRS released the annual inflation adjustments for 2015. Effective January 1, 2015, the maximum for the Health Care FSA will increase to $2,550. 2015 Transit/Parking will stay the same at $130 Transit and $250...

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ACA Final Rules for Employers

On March 5, 2014, the Internal Revenue Service released the two final rules on ACA health coverage reporting requirements. The new rules are intended toprovide the IRS with information necessary to administer other ACA...

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2015 HSA Contribution Figures

The IRS announced the maximum contributions to health savings accounts for 2015. The figures will jump slightly, as they have historically, $50 for individuals and $100 for families. The 2015 HSA limits will be $3,350...

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ACA Deductible Limits Repealed

On April 1, 2014, President Obama signed the Protecting Access to Medicare Act retroactively effective to March 2010 in compliance with the Affordable Care Act (ACA). The Act adds provisions to preserve the...

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A High Level View of Health Care Reform

Commonly referred to as ObamaCare and certainly misunderstood, the Affordable Care Act (ACA) is officially in effect with the new year. With ACA comes numerous changes to health care as you know it. First, ObamaCare isn'...

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ACA – Individual Mandate January 1, 2014

It's been a while since we've blogged and for good reason: Health Care Reform is keeping us super busy! The Affordable Care Act (ACA) or as you may be more familiar, Obamacare, is in full swing. October 1st brought the...

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SHOP Exchange Notice & Exchange Delivery Requirements

SHOP Exchange Notice All employees must receive a notice, regardless of their full or part-time status, and whether or not the are currently enrolled under your health plan. This includes employees that are not even...

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IRS Recognizes Legal Same-Sex Marriages for Federal Tax Purposes

On August 29, 2013, the IRS issued a ruling which states that same-sex couples legally married in jurisdictions which recognize their marriages, will be treated as married for federal tax purposes. Click here to read...

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Defense of Marriage Act (DOMA) Impact

By now you've read or heard about the Supreme Court of the United States ruling regarding marriage. Basically, the Court said that denying recognition to same-sex couples who are legally marriedunder state law is...

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2014 HSA Contribution Figures

On May 2, 2013, the IRS released the new Health Savings Account (HSA) index figures for 2014. The IRS provides this early release to help plan sponsors and participants budget for the upcoming year. The 2014 index...

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Revised Indexed Figures for 2013

The IRS and Social Security Administration have released cost-of-living (COLA) adjustments that apply to dollar limitations set forth in certain IRS Code Sections. The Consumer Price Index rose enough since the third...

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Pretax Transit Benefits Raised

For those of you who use public transit, you will see your annual tax savings increase significantly... if you participate in an Employer-Provided pretax transit program. Congress extended parity for pretax transit and...

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2013 Health Care Reform Changes

First, a very happy new year to all of you! Now that we find ourselves on day 2 of 2013, I'm sureyou've already briefed yourself on the latest and greatest in Health Care Reform right? No? Read on. Beginning January 1,...

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2013 HSA Contribution Limits

The IRS has announced adjustments that affect health savings accounts in 2013. HSA contribution limits and High Deductible Health Plan (HDHP) out-of-pocket maximums will increase slightly. For the first time in three...

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The Value of a Limited Use FSA

Did you know that Limited Use FSA's are the perfect complement to your Health Savings Account (HSA)? It's true. While the Limited Use FSA differs from a Traditional FSA, they work in the same manner. Employees choose...

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W-2 Reporting of Group Health Plan Coverage Revised

Integra Insurance Services would like to ensure you are aware that the IRS issued revised guidance for form W-2 reporting of group health plan coverage so your business remains compliant. Change to NoticesThe revised...

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2012 Indexed Figures

The 2012 IRS Indexed Figures (for the Adoption Credit, Adoption Credit through Section 125 Cafeteria Plans, Commuter Accounts, Health Savings Account and Long-Term Care) have been released and are as follows: ...

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HSA Annual Contribution Limits Announced

For calendar year 2012, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $3,100. For calendar year 2012, the annual limitation on...

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W-2 Reporting: What Employers Need to Know

You've probably heard that employers will be required to report the cost of employer-sponsored health benefits on W-2 forms. Here are a few questions and answers about W-2 reporting and what employers need to know: - ...

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HSA Deadline

Tax day is rapidly approaching, which also means important deadlines regarding Health Savings Accounts (HSAs) are also rapidly approaching. Maximize your contribution benefits by contributing the maximum amount for...

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Health Care Reform: PPACA Guidance on W-2 Reporting

IRS issues PPACA guidance on W-2 reporting - The IRS emphasized that the new reporting to employees is for their information only, to inform them of the cost of their health coverage, and does not cause excludable...

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