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 light of the legislative changes taking place in response to COVID-19, ConnectYourCare recently hosted a webinar to give a detailed overview of what employers need to know about benefits administration in this critical time. We summarize everything you need to know in this post.
FAQs in the Moment: How COVID-19 and the CARES Act Impact Health Accounts, Lifestyle Spending Accounts, Child Care, and More
In this post, we answer your top COVID-related questions around lifestyle spending accounts, FSAs, HSAs, commuter benefits, child care, and the recently passed CARES Act.
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.
This year, commuters who use New Jersey TRANSIT Park and Ride lots may have noticed that their parking costs increased. But across the country, parking costs can add up quickly no matter where you live. How can employers address the burden of parking expenses and improve employee morale at the same time? With a commuter benefits program that includes parking, of course!
ConnectYourCare adds a new interactive resource to its 'Academy' series to help brokers, employers, and participants sharpen transit plan knowledge. See all the details in this post.
Employers - are you helping your employees get from A to B, tax free? Check out our Commuter Academy, a bright, interactive tool to help you boost your knowledge of commuter and parking benefits.
This partnership makes way for consumer-directed health care and commuter benefit solutions on CommonCensus' robust benefits management platform.
In this infographic post, we’ll share a recent history of commuter benefits, some new legislation you should know about, and what you should keep in mind if you’re considering them for your workplace.
Your daily trip to work can be a drain on your paycheck, but commuting tax deduction could change that. On January 1, 2019, the Internal Revenue Service (IRS) increased the monthly pre-tax contribution limit for parking and transit.