December 31 is a crucial deadline for many Flexible Spending Account participants who, under the Use or Lose rule, will forfeit unspent funds in their account. If your FSA has a December 31 deadline, it’s important to make sure you use your FSA before the end of the year. To help FSA participants use…
On November 1, 2024, the IRS announced inflation adjusted amounts for 2025 retirement plans. Contribution limits to 401(k), 403(b) and 457 Plans are receiving an increase for 2025. Below is an outline of the 2025 contribution limits for retirement plans effective January 1, 2025. 2025 Retirement Plan Limits 401(k), 403(b), 457 Plans 2024…
On Tuesday, October 22, 2024, the IRS announced the 2025 contribution limits for reimbursement accounts. Here are the new annual limits for account holders beginning on January 1, 2025. 2025 Contribution Limits for FSAs Health FSA For 2025, the Health Flexible Spending Account annual maximum contribution will increase by $100 to $3,300…
Attention job seekers! P&A Group is hosting open interviews on Tuesday, August 20th from 10:30 a.m. – 2:30 p.m. Join us for the opportunity to learn more about open positions at P&A Group and get the opportunity to interview for any of the positions you’re interested in exploring. Advanced registration is not required –…
If your organization provides a Health Reimbursement Arrangement (HRA) or Medical Expense Reimbursement Plan (MERP), the upcoming deadline to file the 2023 PCORI fees is quickly approaching. Employers who offer either of these plans must submit the annual PCORI fee by July 31, 2024. The deadline applies to all plans that ended in 2023.…
If you’re looking for a benefit option that helps you save on both current and future healthcare expenses, look no further than a Health Savings Account (HSA). HSAs continue to grow in popularity for a reason – with unique savings perks, these accounts are a great option for Americans who are looking to invest…