2007 Benefit Limits - Transportation

Parking $215
Transit Passes and Vanpooling (combined) $110

November 13, 2006 · Categories: General, Transportation, Consultants · Read article »

2007 HSA Contribution Limits and HDHP Requirements

The 2007 HSA contribution limits and high-deductible health
plan (HDHP) requirements (under Code Section 223) will be:

November 10, 2006 · Categories: General, HSA, Consultants · Read article »

Health Savings Accounts - ERISA Qs & As

The Department of Labor issued Field Assistance Bulletin (FAB) 2006-02 October 27, 2006 the purpose of which was to follow up on earlier DOL guidance concerning when ERISA applies to HSAs (FAB 2004-1). FAB 2006-02 addresses a number of "recurring questions about the guidance and evolving practices regarding the offering of HSAs."

November 1, 2006 · Categories: General, HSA, Consultants · Read article »

H.R. Bill 6134 Update - Health Savings Account

A bill that would allow more people to use health savings accounts (HSAs) passed the Ways and Means Committee in the U.S. House of Representatives on September 27, clearing the way for a full floor vote after the November elections.

The bill, H.R. 6134, sponsored by Reps. Eric Cantor (R-VA) and Paul Ryan (R-WI), suggests several improvements to the existing HSA law passed in 2004. It passed the committee on a 24-14 vote.

November 1, 2006 · Categories: General, HSA, Consultants · Read article »