![]() HSA contributions count toward IRS 2021 calendar year contribution limits HSA contributions count toward IRS 2020 calendar year contribution limits New HSA elections start on the first pay date following October 1, 2020* A one-time, lump-sum payment during the TriNet benefits plan year.If you want to contribute to worksite employees’ HSAs, you can choose: The maximum HSA family contribution limit for the 2021 calendar year has increased $100 to $7,200. The maximum HSA single contribution limit for the 2021 calendar year has increased $50 to $3,600. *Grace period is only applicable if the worksite employee is an active participant on the last day of the plan year. This is the last day claims can be submitted for eligible expenses incurred for the 2021 plan year for both the health care and dependent day care FSA accounts. This is the last day to incur (or make) eligible health care FSA expenses that can be paid from worksite employees’ 2021 plan year accounts. This is the last day to incur (or make) eligible dependent day care FSA expenses that can be paid from worksite employees’ 2021 plan year accounts. This is the last day claims can be submitted for eligible expenses incurred for the 2020 plan year for both the health care and dependent day care FSA accounts.Ģ021 Flexible Spending Account (FSA) Dates This is the last day to incur (or make) eligible health care FSA expenses that can be paid from worksite employees’ 2020 plan year accounts. This is the last day to incur (or make) eligible dependent day care FSA expenses that can be paid from worksite employees’ 2020 plan year accounts. See IRS Publication 503 for a list of eligible expenses.Ģ020 Flexible Spending Account (FSA) Dates Used to pay for eligible expenses related to the care of a child or eligible dependent, up to $5,000 per benefits plan year. Eligible expenses include dental and vision expenses shown in IRS Publication 969, but exclude HSA-eligible medical expenses.ĭependent Day Care Flexible Spending Account (FSA) See IRS Publication 502 for a list of eligible expenses.įor worksite employees enrolled in a High-Deductible Health Plan (HDHP) with a health savings account (HSA). Used to pay for eligible health care-related expenses, up to $2,750 per benefits plan year. ![]() Health Care Flexible Spending Account (FSA) The maximum dependent day care FSA annual contribution limit for the 2021 benefits plan year remains unchanged at $5,000. The maximum health care FSA annual contribution limit for the 2021 benefits plan year has increased by $50 to $2,750. No plan design changes to the Employee Assistance Program (EAP).TriNet offers flexible spending accounts (FSAs) and a health savings account (HSA) that can help worksite employees save money on everyday expenses.The maximum commuter benefits monthly contribution limit for the 2023 calendar year is $300 for both qualified parking and public transit expenses.Also, HealthAdvocate covers your worksite employees and eligible relatives, which may include, their spouse, dependents and even their parents and parents-in-law. This benefit will be available at no charge until April 30, 2024. Whether your worksite employees have questions about COVID-19, how to find health insurance for family members or are overwhelmed with medical bills, the HealthAdvocate team of nurses and billings and claims specialists can help your worksite employees get the answers they need, saving them time, money and worry. based worksite employees enrolled in a TriNet-sponsored medical plan access to HealthAdvocate. TriNet now provides your eligible U.S.The maximum HSA family contribution limit for the 2023 calendar year will be increasing to $7,750. The maximum HSA single contribution limit for the 2023 calendar year will be increasing to $3,850.The maximum dependent day care FSA annual contribution limit for the 2023 benefits plan year is $5,000. ![]() ![]()
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