When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What are Some Examples of Voluntary Benefits? Voluntary benefits include a variety of options, all designed to...
New Flexible Spending Account Contribution Limits
The IRS has just announced tax inflation adjustments for the tax year 2020.
Under IR-2019-180, the Health Flexible Spending Account contribution limit was raised $50 from $2,700 in 2019 to $2,750 for 2020.
For more information about Flexible Spending Accounts, visit our website or contact your Advantage Administrators representative today.