Internal Revenue Service
2023 FSA limits increase in response to rising inflation
One expert calls it a 'step in the right direction' but not enough for many struggling employees.
Number of the day: 2023 HSA contribution limit
Annual health savings account contribution limits are increasing in one of the biggest jumps ever.
IRS takes shot at rising inflation with 2023 HSA limits
Contribution limits are increasing significantly as inflation soars.
Benefits news you may have missed: Nov. 8-12
From how legal challenges are affecting employers’ plans for the vaccine mandate to new 401(k) and FSA limits, here are some of the week’s top stories.
What the new 401(k), FSA contribution limits for 2022 mean for HR
After not increasing employee contributions this year, the agency says workers can put more money into their 401(k)s and their health FSAs next year.
COVID-19 PPE is now HSA, FSA eligible
Face masks, hand sanitizer and other personal protective equipment used to prevent COVID-19 spread can be treated as medical expenses.
HRE’s number of the day: 2021 HSA contribution limit
Here’s how much workers can contribute to their health savings account next year–and what it means for HR leaders.