2023 FSA Limits Just in time for open enrollment. The IRS has announced that employees can put an extra $200 into their health care flexible spending accounts (health FSAs) next year. The annual contribution limit will increase to $3,050, up from $2,850 in 2022. The… [Read more]
September is Life Insurance Awareness Month
September is Life Insurance Awareness Month. According to the Insurance Information Institute, only 54% of all people in the United States have life insurance. That’s 106 million adults that lack life insurance or adequate coverage. In recognition of Life Insurance Awareness Month, we’ve outlined some reasons why… [Read more]
2023 ACA Affordability Criteria for Employers
ACA Affordability Percentage for 2023 The IRS has announced the Affordable Care Act (ACA) affordability percentage for plan years beginning in calendar year 2023. The percentage is 9.12%–which is significantly lower than last year (9.61%) and is in fact the lowest percentage since the rules… [Read more]
Protein Banana Muffins – Delicious!
Do you like bananas and chocolate? Do you like healthy recipes? If so, this is for YOU! Easy protein banana muffins…gluten and dairy free Ingredients 1 cup mashed banana approx 2 large bananas 1 egg 4 tablespoons honey 3 tablespoons coconut oil (melted+ cooled) 3/4 cu oat flour (gluten free if… [Read more]
2023 HSA Limits Announced by IRS
Health savings account (HSA) contribution limits for 2023 are going up significantly in response to the recent inflation surge, the IRS announced April 29, giving employers that sponsor high-deductible health plans (HDHPs) plenty of time to prepare for open enrollment season later this year. The… [Read more]