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May 2018

Penniall Insurance Services > Blog Posts > 2018 > May

ACA Compliance Bulletin – AFFORDABILITY PERCENTAGES WILL INCREASE FOR 2019

  • ACA, Health Insurance, Taxes
  • May 25, 2018
  • Penniall Insurance Services

OVERVIEW On May 21, 2018, the Internal Revenue Service (IRS) issued Revenue Procedure 2018-34 to index the contribution percentages in 2019 for purposes of determining  affordability of an employer’s plan under the Affordable Care Act…

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Compliance Bulletin – IRS Allows Taxpayers with Family Coverage to Use $6,900 HSA Limit for 2018

  • Health Insurance, Taxes
  • May 24, 2018
  • Penniall Insurance Services

OVERVIEW On April 26, 2018, the IRS announced that, for 2018, taxpayers with family high deductible health plan (HDHP) coverage may treat $6,900 as the annual contribution limit to their health savings accounts (HSAs). Earlier…

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