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The IRS has set the HSA contribution limits for 2016 as shown below: The IRS has released the 2016 cost-of-living adjustments affecting HSAs. The HSA contribution limits and HDHP out-of-pocket maximums will increase slightly, while the HDHP minimum required deductibles remain unchanged. Here are the details: HSA Contribution Limits. The 2016 annual HSA contribution limit […]0 comments
The City of San Francisco has further clarified the role of Health Reimbursement Arrangements (HRAs) in complying with the Health Care Security Ordinance (HCSO). As background, the City of San Francisco requires employers to provide a certain amount of health coverage to employees based on hours worked in a month. In addition to complying with […]0 comments
If you have access to a flexible spending account, or FSA, good news: The Internal Revenue Service has announced a $50 increase to allowable FSA contributions beginning in 2015. The new annual limit is $2,550.For those of you using or planning to use a dependent care FSA or a dependent care assistance plan (DCAP), your […]0 comments
New mileage rates announced for 2015 business, charitable, medical and moving The Internal Revenue Service has issued the 2015 optional standard mileage rates to be used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2015, the standard mileage rates for the use of […]0 comments
myCafeteriaPlan® is pleased to announce select forms are now available in Spanish! We have compiled our standard forms and now provide both an English and Spanish version. The forms available in Spanish are: Flexible Spending Account (FSA) Flyer FSA – Real Savings. Real Simple. Election Forms Health FSA and Dependent Daycare FSA Limited Purpose FSA […]