Day: November 4, 2024

New IRS Benefits Limits for 2025

Each year, the IRS sets new limits for ACA high deductible plans, employee benefits plans, flex plans, and retirement plans. Below is Lake Effect’s ready reference chart showing the Benefits Limits for the 2025 tax year. Download Benefits Table 2024 2025 Flexible Spending Accounts (FSAs) Healthcare FSA max election (per year) (incl. LTD […]

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