Tag: 401(k)

2024 HSA, FSA, Retirement Plan Contribution Limits
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Posted in Benefits

2024 HSA, FSA, Retirement Plan Contribution Limits Announced

In addition to all the new 2024 employment laws, employers should be aware that the Internal Revenue Service (IRS) has released the 2024 annual inflation…

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Posted in Benefits

2023 FSA, HSA, Retirement Plan Contribution Limits

It’s that time again — the Internal Revenue Service (IRS) has released the 2023 annual inflation adjustments for health flexible spending arrangements (FSAs) and health…

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Posted in Benefits

401(k) Contribution Limits Stay the Same in 2021

The Internal Revenue Service (IRS) has released guidance on cost-of-living increases to the income ranges for determining individual retirement account (IRA) and Roth IRA contribution eligibility, and…

The IRS raised 401(k) contribution limits for 2020.
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Posted in Benefits

401(k) Contribution Limits Increase for 2020

The Internal Revenue Service (IRS) released guidance on cost-of-living adjustments affecting contributions to 401(k) plans and other retirement-related items for 2020 because the increase in the…