How the ACA will Affect Jobs, Employers The Congressional Budget Office (CBO) Report On February 4, 2014, the Congressional Budget Office, a non-partisan agency that conducts impartial analysis of Congressional budgetary issues, released their annual report of the economic outlook from 2014-2024. Since the CBO releases reports regularly, it seems odd that this report would generate so much media attention….
In December, 2013, the IRS announced that Flexible Spending Plans could allow participants to roll over up to $500 of contributions to the following year. ISIhr announced that this change will take place automatically with our plan, and will apply to 2013 participants. Here is some further clarification on that announcement: Question: I had a balance that should have rolled over…
Flexible Spending is Now More Flexible! The Treasury Department just recently announced that participants can roll over up to $500 of their year-end balances to the next year. Three things to note about this change: The rollover amount will not count toward the annual election limit of $2,500, meaning that each participant could have a $3,000 balance at the beginning…
Media and Politics Three and a half years after the Affordable Care Act was signed into law, the news media has finally put healthcare reform front and center. With the disastrous roll-out of the Marketplace website coinciding with the Government Shut-Down last month, politicians, consultants and media personalities alike have been weighing in on Healthcare Reform and its financial and…