Spring 2018 For Your Benefit Newsletter

Spring 2018

Kushner & Company
For Your Benefit

In the ever-changing world of HR strategy and employee benefits, Kushner & Company is an acknowledged leader in the field. We provide comprehensive consulting and administrative services individualized to assure your specific strategy and benefit requirements are entirely fulfilled.

2019 HSA Limits and HDHP Designs Announced by IRS

Starting in 2007, the Tax Relief and Health Care Act of 2006 (TRHCA) requires that the IRS release the upcoming year's new HSA limits prior to June 1st. Here are the new limits for 2019

IRS Plays Emily Litella Regarding 2018 HSA Family Contribution Limit

In May, 2017, the IRS released the 2018 HSA contributions limits in Rev Proc 2017-37, amongst other HSA-related indexed numbers, stating that the maximum contribution for those in family HDHP coverage would be $6,900. Congress then passed its Reconciliation Act in December, 2017, changing the indexing methodology for a number of benefit-related (and other) limits to utilize something called "chained-CPI," as opposed to the regular CPI that had been used for decades. This in turn caused the IRS to recalculate its 2018 limits for benefit plans, and on March 2, 2018 issued Rev Proc 2018-18, retroactively reducing the 2018 family HSA maximum contribution amount by $50 to $6,850. Now, however...

IRS Issues Paid FMLA Tax Credit FAQs Under New Section 45S

The Tax Cuts and Jobs Act, signed into law in December 2017, created a new business credit for employers that offer paid leave under the Family and Medical Leave Act of 1993 (FMLA). In a pleasant surprise, employers with fewer than 50 employees are also eligible for this tax credit if they offer paid FMLA-like leave. The IRS released its first guidance on this new tax credit in a series of FAQs.

F ollow Kushner & Company on Social Media

Kushner & Company makes great efforts to keep you informed with the latest information on all things relating to human resources and the workplace. To stay on top of it all, we invite you to follow us on each of the available social media outlets, including:

Twitter: We use Twitter to share a wide variety of interesting and informative articles that we've written or have found on the internet and through other social media outlets. Follow us here

LinkedIn: LinkedIn provides us with a means of sharing content rich material specific to Kushner & Company's areas of expertise. Follow us here

Facebook: We like to use Kushner & Company's Facebook page to show you who we are as individuals and as a culture, the fun we have, and the good works our employees do in the community. Follow us here

Issue: 142

In This Issue

2019 HSA Limits and HDHP Designs Announced

IRS Plays Emily Litella Regarding 2018 HSA Family Contribution Limit

IRS Issues Paid FMLA Tax Credit FAQs Under New Section 45S

Follow Kushner & Company on Social Media

Health Care Reform

Kushner & Company is your source for information on all aspects of the ACA, as well as for all HR strategy and employee benefit information.

For updates and resources, visit our website.

Kushner & Company
2427 West Centre Avenue
Portage, MI 49024

269-342-1700

Continue the conversation online - Find Kushner & Company news and advice on Facebook, LinkedIn, G+ and Twitter. We'd love to hear your thoughts, questions and suggestions for topics of interest.