What are the financial limits for ICHRA employers?

What are the financial limits for ICHRA employers?

Oct 8, 2024

For 2024, health reimbursement limits vary based on the type of arrangement.

Individual Coverage Health Reimbursement Arrangement (ICHRA): There is no set limit, allowing employers to offer any tax-free allowance amount for employees to purchase insurance.

Health Savings Accounts (HSAs) have contribution limits of $4,150 for self-only and $8,300 for family plans.

Flexible Spending Accounts (FSAs) allow contributions of up to $3,200 per employee, with an additional $3,200 for a spouse.

© 2024 Pro-Tier Inc. All rights reserved.

© 2024 Pro-Tier Inc. All rights reserved.

© 2024 Pro-Tier Inc. All rights reserved.

© 2024 Pro-Tier Inc. All rights reserved.