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IRS Increases Health FSA Contribution Limit for 2020, Adjusts Other Benefit Limits
On November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,750 for plan years beginning in 2020. The Revenue Procedure also contains … Continue reading
Posted in Commercial Insurance, Health Insurance, Insurance Agent, Sugar Land Insurance
Tagged ACA, ammendments, contribution, HSA, Insurance, IRS, law, limits, out of pocket, premiums, reimbursement, small employer health, state, sugarland
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