Potomac Companies COVID-19 Resources Digest – June 29
Photo by Belinda Fewings on Unsplash
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Compliance Alert: PCORI Fees Due By July 31, 2020
Get the IRS guidance for plan years which end on or after October 1, 2019 and before October 1, 2020. Photo by Kelly Sikkema on Unsplash
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HDHP and HSA Limits Announced for 2021
On May 20, 2020, the IRS released the following 2021 limits for High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs). 2021 HSA Contribution Limits: • Self-Only: $3,600 • Family: $7,200 2021 HDHP Minimum Deductible: • Self-Only: $1,400 • Family: $2,800 2021 HDHP Maximum Out-of-Pocket Expenses: • Self-Only: $7,000 • Family: $14,000 These rates will be effective for the...
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