December 26, 2023

Increased Limits for HSAs, FSAs, and HDHPs Coming in 2024 — What You Need to Know

The Internal Revenue Service has established increased limits in 2024 for health savings accounts and employee benefits plans, and for benefits professionals, it’s important to prepare for these changes as we enter a new year. These increased limits present more opportunities for employees to maximize their healthcare savings in 2024.
October 19, 2023

ACA Pay or Play Penalties Increase for 2024: HR Professionals Take Note

Earlier this year, the IRS announced 2024 employer mandate penalties that apply to all employers with 50 or more employees — otherwise known as applicable large employers (ALE). If you’re a human resources professional at an ALE, it is essential for you to understand these penalties and how they could impact your workplace.