Annually, the Internal Revenue Service (IRS) and Social Security Administration release cost-of-living adjustments that apply to dollar limitations set forth in certain IRS Code Sections. The Consumer Price Index rose 2.0% and therefore warranted increases in some benefits figures for 2018, including annual HSA and FSA contribution limits.
For a summary and charts of key 2018 figures that are of interest to employers and sponsors of benefit plans, please click here.
Thank you for your attention to this important compliance E-Alert. Please do not hesitate to reach out with any questions or concerns.
Disclaimer: The information contained in this message is for general informational purposes only and does not constitute legal advice.
Employee Health and Benefits
ACA Compliance
