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]
April is Stress Awareness Month
Stress is a normal part of human existence. Good stress pushes us to strive and achieve, but bad stress— particularly when it’s severe and/or lasts a long time—is highly destructive to our health. Stress Awareness Month reminds us to take action if we spot signs… [Read more]
10 Things You Aren’t Cleaning But Should
The average working American spends 58 minutes a day on housework, but somewhere between scrubbing and scouring, your cleaning regime may be falling short. Disinfecting your home can help reduce the spread of viruses and bacteria, so before you put on those rubber gloves, consider… [Read more]
February is American Heart Month
It’s American Heart Month. February is designated as American Heart Month to advocate cardiovascular health and raise awareness about heart disease. This is the perfect time to learn more about your heart, how to take care of it, and how to detect signals of cardiovascular disease…. [Read more]
Easy Sheet Pan Dinner Recipe – Shrimp Fajitas
Feel like Mexican takeout? Try this easy sheet pan dinner for Shrimp Fajitas. You’ll be eating dinner before you can drive to the restaurant, plus it’s easy clean up! Ingredients • 1 ¼ pounds peeled and deveined raw large shrimp • 1 red bell pepper, sliced… [Read more]
Urgent Care or Emergency Room?
Throughout the years, we have all had instances where we are not sure whether to use urgent care or the emergency room when a sudden illness or injury occurs. With the holidays upon us and the cold/flu season in full force, it’s good to know… [Read more]
Maintaining Proper Beneficiary Designations for your Life Insurance
Many employers offer company paid group life insurance to their employees. The ultimate goal? Protect the financial future of the employee’s loved ones. While this goal may sound straightforward, designating beneficiaries and ensuring that the policy pays according to an employee’s wishes is not as… [Read more]
IRS Increases Annual FSA Limit to $2,850 for 2022
The IRS announced that the annual contribution limit for health care flexible spending accounts (health FSAs) will increase to $2,850 for 2022 (from $2,750) and the maximum carryover amount will rise to $570 (from $550). Health FSAs The chart below shows the adjustment in health… [Read more]
IRS Issues 2022 Retirement and Pension Plan Limits
401(k) Contributions Employee 401(k) contribution maximums for 2022 will increase to $20,500—a $1,000 increase from the $19,500 cap for 2021 and 2020—the IRS announced on Nov. 4. Plan participants age 50 or older next year can contribute an additional $6,500, unchanged from 2021. The limit on total employer-plus-employee… [Read more]
American Rescue Plan Act (ARPA) COBRA Subsidy Ending September 30, 2021
The American Rescue Plan Act of 2021 (ARPA) provides a 100 percent premium subsidy for continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA) between April 1 and September 30, 2021, for certain assistance eligible individuals (AEIs). A part of an employer’s and plan… [Read more]