January 17, 2017
The 2018 Notice of Benefit and Payment Parameters is effective Jan. 17, 2017.
2018 Benefit Year
The changes included in the final rule generally apply for the 2018 benefit year.
On Dec. 16, 2016, the Department of Health and Human Services (HHS) released its final Notice …
January 1, 2018
The final rule’s changes are applicable to claims submitted on or after Jan. 1, 2018.
On Dec. 16, 2016, the Department of Labor (DOL) released a final rule to strengthen the claims and appeals requirements for plans that provide disability benefits. According to …
HSA contribution limit for individuals with self-only HDHP coverage
Out-of-pocket maximum for essential health benefits (non-grandfathered plans)
Health FSA limit for employee pre-tax contributions
HDHP minimum deductibles and maximum out-of-pocket limits
Monthly limits for transportation fringe benefit plans
Employees’ elective deferrals to 401(k) plans, pre-tax and Roth
March 2, 2017
Deadline for furnishing 2016 Forms 1095-B and 1095-C to individuals
February 28, 2017
Deadline for 2016 filing with the IRS in paper form
March 31, 2017
Deadline for 2016 filing with the IRS electronically
On Nov. 18, 2016, the Internal Revenue Service (IRS) issued Notice 2016-70 to:
October 25, 2016
The IRS announced the health FSA dollar limit for 2017.
Tax Years Beginning in 2017
The $2,600 dollar limit on employee salary reduction contributions to health FSAs applies for these years.
The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending …