Health Saving Account holders will see an increase in contribution limits for 2025. The new adjusted amounts, released by the IRS, also include an increase to the minimum High Deductible Health Plan (HDHP) amounts for single coverage, $1,650, and family coverage, $3,300. Here is an overview of the new HSA limits for 2025, effective…
P&A’s vendor partner FSA Store is now available on the P&A MyBenefits mobile app. Participants can access FSA Store directly from the main menu where you can: discover thousands of eligible FSA expenses shop bundled packages take advantage of special discounts purchase eligible expenses anytime, on-the-go FSA Store is designed to make healthcare…
When tax season approaches, you may need to file certain tax forms for your Health Savings Account (HSA). Follow P&A Group’s guide below to access all of the required forms through your P&A HSA. Please note you do not need to provide these forms if you participate in an FSA, Commuter Benefits Plan, or…
P&A’s product and software development teams are pleased to deliver an innovative tool for new COBRA continuants through the launch and design of P&A Group’s COBRA online enrollment portal. Beginning January 2024, the new portal will be available to all COBRA continuants enrolling in coverage. COBRA Online Enrollment Portal: Details Specially designed…
As this year comes to a close, we want to take a moment to reflect on some of the enhancements, products and services we delivered in 2023. Here are some highlights in P&A’s 2023 year in review. From all of us at P&A, we look forward to serving you in 2024 and wish you…
On Thursday, November 9, 2023, the IRS announced the 2024 contribution limits for reimbursement accounts. Here are the new annual limits for account holders beginning on January 1, 2024. 2024 Contribution Limits for FSAs Health FSA For 2024, the Health Flexible Spending Account annual maximum contribution will increase by $150 to $3,200…