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2025 HSA Contibution and Other Limits

2025 HSA Contributions and Other Limits Released The Internal Revenue Service IRS released its annual inflation-adjusted contribution limits for Health Savings Accounts HSA effective for Plan Years beginning January 1, 2025. Other announced limits are also noted below. 2024 2025 HSA Contribution Limit Employer and Employee Individual: $4,150 / Family: $8,300 Individual: $4,300 / Family: $8,550 Catch-Up Contributions for Ages 55+ $1,000 $1,000 HDHP Minimum Qualifying Deductible Individual: $1,600...

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AmWins Connect 6/19/2024 Comments(0)

Nondiscrimination Final Rules

Section 1557 Nondiscrimination Final Rules Late in April of this year, the Department of Health & Human Services HHS finalized rules that expand the requirements previously set forth in agency interpretations of the ACA’s §1557 nondiscrimination requirements, which prohibit covered entities from discriminating against individuals on account of race, color, national origin, sex, age, and disability in providing health programs and activities. Based on the final rules, the definitio...

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AmWins Connect 6/19/2024 Comments(0)

Employer Sponsored Indemnity Plans

Employer Sponsored Indemnity Plans On March 28, 2024, the Departments of Health and Human Services HHS , Labor, and the Treasury collectively, the Departments released final rules governing employer-sponsored indemnity insurance. This type of medical coverage is designed to provide limited-scope benefits and is therefore exempt from certain legal requirements that otherwise apply to major medical plans. As such, indemnity insurance is strictly regulated to ensure that consumers and employees und...

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Kelly Benefits Advantage 4/11/2024 Comments(0)

Job Interview Questions and Other Interview Practices to Avoid

The U.S. Equal Employment Opportunity Commission EEOC has strict laws in place to protect job candidates and employees from discrimination. You should avoid asking job interview questions about age, disability, genetic information, race or ethnicity, gender identity or sexual orientation, national origin, religion, marital status, having children, pregnancy, or planning to start a family. You can stay in the EEOC’s good graces by avoiding questions that can appear to be discriminatory R...

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Anne Shaw/Hartford 10/14/2020 Comments(0)

Changes to the PPP Program

Here is a short read for those that may have missed some of the updates to the PPP Program... https://home.treasury.gov/news/press-releases/sm1026#.Xt98Axzn4NA.linkedin...

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AIA 6/12/2020 Comments(0)