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IRS Announces Spike in 2023 Limits for HSAs and High-Deductible Health Plans

IRS Announces Spike in 2023 Limits for HSAs and High-Deductible Health Plans

Health savings account (HSA) contribution limits for 2023 are going up significantly in response to the recent inflation surge, the IRS announced April 29, giving employers that sponsor high-deductible health plans (HDHPs) plenty of time to prepare for open enrollment season later this year. The annual inflation-adjusted limit on HSA contributions for self-only coverage will

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pregnant-couple

2020 trends: More Employers Offering Paid Parental Leave

The 14th largest private company in the U.S. announced Nov. 7 that it now offers six weeks of paid parental leave to most of its 28,000 employees following the birth or adoption of a child. Pilot Flying J’s “gender-neutral” leave benefit is available to all new parents working at its rest stops, retail locations and

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Advocates Push House to Vote on $15 Minimum Wage This Summer

The U.S. House of Representatives, where Democrats hold sway, may vote as early as August on a measure that would more than double the federal minimum wage to $15 an hour. Although prospects for the increase becoming law are doubtful given Republican control of the Senate, a House victory and a Senate punt could galvanize “Fight for

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