Insights
The IRS has announced that 2021 employee contribution limits for 401(k) plans, IRAs, and SIMPLE plans will remain unchanged.
The IRS has announced that the contribution limit for health flexible spending arrangements (health FSAs) will remain at $2,750 in 2021.
The IRS has released the final 2020 ACA reporting forms and instructions, with key updates including new codes for individual coverage HRAs.
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