The COVID-19 pandemic prompted many legislative changes that affected consumer-directed benefits and tax filings, keeping HR administrators and brokers on their toes. Whether employer, broker, or account holder, we’ve recapped nine key benefits legislation updates in 2020 that you should know, plus a checklist to keep handy as we near the end of the year—just in case you lost track or need a refresher.
On October 26, 2020, the IRS made the official announcement on 2021 contribution limits for health care flexible spending accounts (FSAs), commuter benefits, and adoption assistance. FSA and commuter benefit contribution limits remain unchanged from 2020, while adoption assistance is increasing.
In this blog entry, we take a deeper dive into the world of lifestyle benefits, and how offerings such as wellness incentive programs, education assistance, and dependent care can help employers build the perfect plan for talent recruitment and retention.
The 2020 IRS limits are here! The IRS has announced new limits for the 2020 plan year for flexible spending accounts (FSAs), commuter benefits, and adoption assistance programs. Get all the details in this post.
The County of Alameda is a 9,000-person employer that was looking to introduce a new solution to employees for FSAs, dependent care FSAs, and adoption assistance programs. They brought on ConnectYourCare in January 2019, and were happy to share their experience in this client testimonial.