EBC Insights

2026 FSA and Commuter Limits Released

2026 FSA and Commuter Limits Released

The IRS has announced 2026 updates under Revenue Procedure 2025-32, increasing the annual contribution limits for Health Care FSAs and commuter benefits.

Hurricane Helene and Milton Deadline Relief

Hurricane Helene and Milton Deadline Relief

With the catastrophic and widespread devastation of Hurricane Helene and Milton, the IRS has issued group health plan relief for individuals who lived or worked in certain counties/tribal areas in Florida, Georgia, North Carolina, South Carolina, Tennessee, and...

The COVID-19 Outbreak Period Is Ending. Now What?

The COVID-19 Outbreak Period Is Ending. Now What?

COVID-19 relief for group health plans has been winding down over the last couple of years, and one of the last parts to expire is the outbreak period deadline extensions, which are set to end in relationship…

New IRS Guidance on Change of Election Rules

New IRS Guidance on Change of Election Rules

The IRS recently released IRS Notice 2022-41, which creates a new permitted election change for cafeteria plans. Who is impacted by this IRS Notice? This Notice impacts employers that sponsor cafeteria plans…

Wrapping up 2021 and Preparing for 2022

Wrapping up 2021 and Preparing for 2022

Since the start of the COVID-19 pandemic, we’ve seen many legislative and regulatory changes that have altered employee benefits. These regulatory changes were put in place to offer additional relief and extensions during a difficult time. Although much…

2022 FSA and Commuter Limits

2022 FSA and Commuter Limits

The IRS has officially announced, under Revenue Procedure 2020-45, the 2022 Flexible Spending Account (FSA) and Commuter limits. FSA Limits The Health Care (standard or limited) FSA annual maximum plan contribution limit will increase…

IRS Releases Notice 2021-31, COBRA Subsidy FAQs

IRS Releases Notice 2021-31, COBRA Subsidy FAQs

On Tuesday, 05/18/2021, the Internal Revenue Service (IRS) released IRS Notice 2021-31, which includes additional guidance about the application of the COBRA premium assistance provisions in…