DOL’s Annually Adjusted Federal Penalties
Posted by: Karen Hsu Feb 28, 2019 2:47:52 PM
DOL’s Annually Adjusted Federal Penalties
Topics: Adjustments, Department of Labor, inflation
Posted by: Karen Hsu Jan 17, 2019 1:13:54 PM
The Internal Revenue Service (IRS) released its inflation-adjusted limits for various benefits. For example, the maximum contribution limit to health flexible spending arrangements (FSAs) will be $2,700 in 2019. Also, the maximum reimbursement limit in 2019 for Qualified Small Employer Health Reimbursement Arrangements will be $5,150 for single coverage and $10,450 for family coverage.