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Employee Benefits Compliance
IRS Expands Eligible Medical Expenses and Preventive Care Benefits
The IRS Notices 2024-71 and 2024-75 expand eligible expenses for FSAs, HRAs, HSAs, and HDHPs. Employers should update benefit plans.
Health Savings Accounts
2025 Limits for Health Savings Accounts
Health Savings Accounts (“HSAs”) offer a flexible and tax-efficient way to save for healthcare costs, both now and in the future. With the ability to roll over funds year to year, grow your savings tax-free, and make tax-free withdrawals for qualified medical expenses, HSAs are a valuable tool for those enrolled in high-deductible health plans. Learn about how HSAs work, the key benefits they provide, and the 2025 contribution limits to make the most of your healthcare savings.
