Category: Employee Benefits

Friday Free Read: Will Obamacare help small businesses? The Wall Street Journal weighs in

What happens when you mix a Senior Fellow at one of the foremost political thinktanks with an MIT professor of economics? A Wall Street Journal article, of course. Michael D Tanner, Senior Fellow at the Cato Institute, and Jonathan Gruber, Professor of Economics at MIT, both weighed in on the Affordable Care Act in an article for the Wall Street Journal this week.  The topic?...

Health Care Flexible Savings Accounts 2013 Limits

Effective date: Jan. 1, 2013 - Flexible Spending Account Limits: Contributions to health care flexible spending accounts to cover medical expenses will be capped at $2,500 per year, but could go up based on cost-of-living adjustments. Currently there is no legal limit, but there is a use-it-or-lose-it rule for contributed funds. When Healthcare Reform becomes confusing you should rely on a qualified independent brokerage firm to...