Benefits

May 14, 2020

Can Employees Change Their Health FSA Elections Midyear If Elective Surgery Is Postponed Due to the COVID-19 Pandemic?

QUESTION: One of our employees elected to contribute $2,500 to his health FSA for 2020 to cover the expense of anticipated elective surgery. Due to the […]
October 17, 2022

Providing fringe benefits to employees with no tax strings attached

Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees may have to pay tax on […]
October 24, 2022

Employers: In 2023, the Social Security wage base is going up

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023 (up from $147,000 for 2022). […]
November 7, 2022

2023 limits for businesses that have HSAs — or want to establish them

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way to provide some of these benefits […]