Ph: (812) 882-9100  | Fx: (812) 895-7250

Our blog features timely, relevant posts that discuss employee benefit issues and regulations affecting small and medium-sized businesses. We’ll share brief, insightful information on a wide variety of topics, including the Affordable Care Act, group health insurance, compliance, benefit communication, and employee wellness. Subject matter experts provide blog posts such as ‘Managing Employees in the Gig Economy’, ‘COBRA Liability in Mergers and Acquisitions’, and ‘Tools to Support Working Parents’. We’ll update these frequently to keep you informed, and hope you’ll visit often. Questions about a specific topic? Give us a call or contact us – we’ll help with answers and advice.


IRS Announces 2022 Retirement Plan Contribution Limits | Indiana Employee Benefits Agency

On November 4, 2021, the Internal Revenue Service (IRS) released Notice 2021-61 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2022. Many pension plan limits will change next year because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Other items, however, will not … Continued

IRS Announces 2022 Limits for Health FSAs and Transit Benefits | IN Employee Benefits Team

The Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,850 for plan years beginning in 2022, up from the 2021 limit of $2,750. For HFSAs that include a carryover provision, up to $570 may … Continued

Advance Child Tax Credit Payments in 2021 | Vincennes Employee Benefits Agency

There have been important changes to the Child Tax Credit that will help many families receive advance payments starting this summer. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit (CTC) for tax year 2021 only. The expanded credit means: The credit amounts will increase for many taxpayers. The credit for … Continued

IRS Announces HSA Limits for 2020 | Employee Benefits Advisors

On May 28, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-25 announcing the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2020. An HSA is a tax-exempt savings account that employees can use to pay for qualified health expenses. To be eligible for an HSA, an employee: Must be covered … Continued

IRS Releases 2019 Inflation-Adjusted Limits | Evansville Benefit Advisors

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. Read more about … Continued

Top