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Higher HSA Contribution, Out-of-Pocket Expense Limits to Take Effect in 2014 6 Aug 2013 | 08:41 pm
IRS announces 2014 HSA and Out-of-pocket expense limits. Reflecting adjustments for inflation and cost of living, the limits for contributions to health savings accounts (HSAs) and out-of-pocket spen...
New Feature Available to Assist with PCOR Fees 12 Jun 2013 | 12:12 am
myCafeteriaPlan would like to announce the addition of a new feature to assist with calculating PCOR (Patient Centered Outcome Research) fees. myCafeteriaPlan now has a report available that will pro...
IRS Updates Form 720 for Reporting ACA PCOR Fees 8 Jun 2013 | 12:00 am
Updated – IRS Introduces Updated Form 720 for Reporting PCOR Fees The IRS has released a revised Form 720 (Quarterly Federal Excise Tax Return) due July 31, 2013, which now includes a section for r...
IRS Sets 2014 HSA Contribution Limits 24 May 2013 | 02:44 am
New 2014 Health Savings Account Contribution Limits The IRS has released the updated, inflation adjusted HSA contribution limits for 2014 as shown below: The IRS has released the 2014 cost-of-living a...
IRS Introduces New Reporting Requirements W-2s for 2013 4 Apr 2013 | 01:45 am
Internal Revenue Service is introducing a new series of reporting requirements beginning with the 2013 batch of W-2 forms. Pursuant to the Patient Protection and Affordable Care Act of 2010 (PPACA), e...
Durbin Amendment and your myCafeteriaPlan Flex Card | PIN Access FAQs 26 Mar 2013 | 09:04 pm
The Durbin Amendment (Section 1075) of the Dodd-Frank Wall-Street Reform and Consumer Protection Act and Its Effects on the myCafeteriaPlan Card. Effective April 1, 2013 a new regulation goes into eff...
Patient-Centered Outcomes Research Institute Fees (PCOR) Update 9 Mar 2013 | 12:27 am
2013 Update – Patient-Centered Outcomes Research Institute Fees (PCOR) General Information about PCOR The IRS has finalized the regulations regarding the Patient-Centered Outcomes Research Institute F...
Flex Debit Card – Stackable Options for FSAs, HSAs and More! 21 Jan 2013 | 06:34 pm
With the ever increasing combinations that can be made between health benefit options, employers can help employees get the biggest bang for their buck by offering several pre-tax options at once. To ...
Top 10 Flexible Spending Account Questions 19 Jan 2013 | 01:14 am
What is my balance? For your convenience, myCafeteriaPlan provides a “statement of accounts” with each reimbursement check to let you know the balance of your remaining funds. If you need to check you...
Transit and Parking Benefit Parity Gets Reinstated – 2013 Limits Updated 8 Jan 2013 | 09:23 pm
The recently passed legislation averting the so-called ‘fiscal-cliff’ American Taxpayer Relief Act of 2012 (HR 8) included a provision that will re-establish parity between the parking and transit ben...
