FYI

IRS announces 2024 HSA/HDHP and excepted benefit HRA limits

The IRS has released the HSA and HDHP limits for 2024. The annual contribution limits, minimum deductible, and out-of-pocket...

Posted May 24, 2023 — Read more

FYI

SECURE 2.0 – significant changes for employer-sponsored retirement plans start now

Signed into law on December 29, 2022, the SECURE 2.0 Act of 2022 (“SECURE 2.0”) makes substantial changes to...

Posted February 2, 2023 — Read more

FYI

IRS deadlines for using 2023 pension withholding forms have arrived

The IRS released the 2023 forms in December. Payers and plan administrators will need to update their forms and...

Posted January 23, 2023 — Read more

FYI

New determination letter program for 403(b) plans

The IRS recently issued Revenue Procedure 2022-40, which permits the submission of determination letter applications for “individually designed” 403(b)...

Posted November 23, 2022 — Read more

FYI

Update on new federal tax withholding forms for pension benefit payments

New federal tax withholding forms for pension benefit payments are required starting in 2023. Download this FYI as a...

Posted November 7, 2022 — Read more