Tuesday, March 6, 2018
In an unusual turn of events, the IRS announced yesterday that the family contribution limit for HSAs has decreased to $6,850 from the previous amount of $6,900. This does not impact the individual contribution limit,...
Monday, May 15, 2017
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...
Friday, April 29, 2016
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 $6,...
Wednesday, April 23, 2014
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...
Monday, May 6, 2013
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...
Monday, February 25, 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...
Wednesday, May 2, 2012
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...
Monday, March 5, 2012
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...
Monday, February 6, 2012
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...
Friday, January 6, 2012
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: Dependent...
Wednesday, November 30, 2011
Health insurance is much like a foreign language in that it really is a completely different lexicon to most. If you do not understand how to translate, the miscommunication could easily cause a panic when it comes time...
Saturday, August 13, 2011
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...
Friday, May 6, 2011
No matter where you turn- whether in the local coffee shop, the nightly news or a Facebook status, the rising cost of health care and the overwhelming effects it is having on individuals and employers alike is on...
Friday, April 8, 2011
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 2010....