Contribution limits were announced by the IRS on October 9, 2026. These 2026 cost-of-living adjustments (COLAs) affect contribution limits for various tax-advantaged accounts in Rev. Proc. 2025-32, including Flexible Spending Accounts (FSAs). 2026 Benefit Limits at a Glance: Health Care…
Read More About Contribution Limits Announced for 2026 – FSAs and More
On April 10, 2023, President Biden signed a joint resolution (H. Joint Resolution 7) to end the COVID-19 National Emergency. The National Emergency will now end on May 11, 2023. This means employers will no longer be required to extend…
Read More About End of the COVID-19 National Emergency and Outbreak Period
The EBSA Disaster Relief Notice and the American Rescue Plan Act (ARPA) brought 100% COBRA subsidies, an increase in the Dependent Care FSA maximum from $5,000 to $10,500, and a new timeline for benefit extensions. On February 26, 2021,…
Read More About COBRA Subsidies, FSA Dependent Care increase, and benefit extensions from ARPA
