2026 Benefits Planning: What HR Leaders Need to Know About HSA and HDHP Changes
You’ll need to start your 2026 benefits planning now to maneuver substantial HSA contribution increases and intricate HDHP compliance requirements. HSA limits rise to $4,400 for individuals and $8,750 for families, while HDHP minimum deductibles increase to $1,700 and $3,400 respectively. ACA out-of-pocket maximums also jump substantially, affecting your budget projections. Don’t wait until Q4—these […]
Navigating Dependent Care FSAs: Eligible Expenses and Smart Strategies
A Dependent Care Flexible Spending Account (FSA) is a handy financial tool that allows you to manage dependent care expenses using pre-tax dollars, effectively increasing your take-home pay. Dependent Care FSAs cover various forms of care, including childcare, before/after-school programs, summer day camps, and care for disabled dependents. However, there are restrictions. For instance, coverage […]
Mastering Your Flexible Spending Account (FSA): What You Can and Can’t Claim
Your Flexible Spending Account (FSA) covers various eligible expenses, such as prescriptions, dental and vision care, and even alternative therapies like acupuncture. However, there are also unallowable items, such as over-the-counter medicines without a prescription, beauty treatments, and health club memberships. Notably, the IRS tightly regulates usage, and misuse may result in tax penalties. So, […]
