Category: Industry News

Weekly HSA News – February 12, 2024

News from Washington IRS: Maine Taxpayers Impacted by Severe Storms and Flooding Qualify for Tax Relief; Various Deadlines Postponed to June 17The Internal Revenue Service announced tax relief for individuals and businesses in parts of Maine affected by severe storms and flooding that began on December 17, 2023. These taxpayers now have until June 17, […]

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Weekly HSA News – January 16, 2024

News from Washington House Members Join Calls to Withdraw DOL Fiduciary ProposalA bipartisan group of 50 U.S. House members wrote to the Department of Labor in opposition to the administration’s retirement security rule proposed in October 2023. Lawmakers argued the proposed rule would ultimately harm lower- and middle-income workers by forcing financial professionals who currently […]

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Weekly HSA News – December 11, 2023

HSA Compliance Corner How Much Can Family Members Contribute to HSAs in 2024?You’ve probably set your pre-tax payroll deductions to fund your Health Savings Account in 2024. If not, don’t worry – you can make prospective changes to your payroll deductions and personal contribution schedule at any time. But don’t overlook certain situations in which […]

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