Tag: HSA

  • New HSA Limits Announced

    July 26, 2019

    Tags: ,

    Effective 2020 the allowable contribution for an individual HSA is $3,550 and for a family it is $7,100.

    You can use them until you can’t – and then you must let them go – Commuter Benefits 

    In Information Letter 2019-02, the IRS has confirmed that unused transportation benefits will be forfeited when an employee terminates employment.  It does not matter how much or why – when the employee is no longer actively employed, the remaining balance in the account is forfeited.

  • New HSA Limits Announced

    July 26, 2019

    Tags: ,

    Effective 2020 the allowable contribution for an individual HSA is $3,550 and for a family it is $7,100.

    You can use them until you can’t – and then you must let them go – Commuter Benefits 

    In Information Letter 2019-02, the IRS has confirmed that unused transportation benefits will be forfeited when an employee terminates employment.  It does not matter how much or why – when the employee is no longer actively employed, the remaining balance in the account is forfeited.

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