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Monthly Archives: January 2026

HSA contributions for 2026

The IRS has increased the health savings account (HSA) contribution limit for 2026 to $4,400 for self-only coverage, and $8,750 for family plans. To make HSA contributions in 2026, you must have an eligible high-deductible health insurance plan. For 2026, the IRS defines a high deductible as at least $1,700 for self-only coverage or $3,400 [...]

January 9th, 2026|Uncategorized|
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Taxes on MA PFML benefits

Starting January 1, 2026, benefits administered by PFML are taxable under IRS guidelines. Certain portions of medical leave benefits will be treated like third-party sick pay(wages) starting on January 1, 2026. Employers with employees who receive medical leave benefits that are consideredthird-party sick pay will be responsible for remitting employer portions of FICA(Medicare and Social [...]

January 2nd, 2026|Uncategorized|
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