IRS releases 2015 HSA limits

The Internal Revenue Service has changed the HSA (Health Savings Account) deductible limit for 2015 from $1,250 to $1,300 for self-only coverage and from $2,500 to $2,600 for family and embedded deductible coverage. Many South Carolina health plans will change to comply with these new deductible limits in 2015. You can view the new limits […]

IRS releases new instructions for the Affordable Care Act

As reported by Benefitsnews, the IRS (Internal Revenue Service) has released new draft instructions, notices and a publication to help taxpayers and tax preparers deal with the premium tax credits associated with the Affordable Care Act. The draft instructions were released last week (week of September 15, 2014) for Form 8962, “Premium Tax Credit,” and […]