POST FALLS, Idaho – Peak One Administration, a single-source employee benefits administrator serving employers nationwide since 2002, is pleased to announce its preferred partnership with MaxHSA to enhance Health Savings Account (HSA) engagement and long-term savings outcomes for account holders. The partnership combines Peak One’s secure, integrated benefits administration platform with MaxHSA’s engagement-driven tools, which help individuals better understand, fund, and grow their Health Savings Accounts. Together, the two organizations aim to remove common barriers to HSA utilization and help participants take a more proactive approach to healthcare savings. The partnership supports Peak One’s broader commitment to continually enhancing its… Read More
May 29, 2026 Today, IRS issued Revenue Procedure 2026-24, which provides the 2027 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). It also includes the 2027 limit for Excepted Benefit HRAs and DPCSAs (Direct Primary Care Service Arrangement). The limits for all items increased for 2027,except for DPCSAs. Annual HSA Contribution Amounts 2026 2027 Coverage Level $4,400 $4,500 Individual $8,750 $9,000 Family $1,000 $1,000 Catch-Up Annual Maximum Out-Of-Pocket Limits for HDHP 2026 2027 Coverage Level $8,500 $8,700 Individual $17,000 $17,400 Family Annual Minimum Deductible Amount Limits for HDHP 2026 2027 Coverage Level $1,700 $1,750 Individual $3,400 $3,500 Family Excepted… Read More
IRS issued IRS Notice 2026-05 on December 9, 2025, provides guidance on new tax benefits for Health Savings Account (HSA) participants under the One Big Beautiful Bill (OBBB). Key changes include: Telehealth Services: The ability to receive telehealth and remote care services before meeting the high-deductible health plan (HDHP) deductible is now permanent, effective for plan years beginning on or after January 1, 2025. Bronze and Catastrophic Plans: Bronze and catastrophic plans available through an Exchange will be treated as HSA-compatible, regardless of whether they satisfy the general definition of an HDHP. It is effective for months after December 31,2025…. Read More
Today, October 9th, the Internal Revenue Service announced in Revenue Procedure 2025-32 the annual inflation adjustments for more than 60 tax provisions for 2026, including the tax rate schedules, and other tax changes. This Revenue Procedure provides details about these annual adjustments: – The annual dollar limit on employee contributions to employer-sponsored healthcare flexible spending arrangements (FSA) is increased to $3,400. – If the cafeteria plan permits the carryover of unused amounts, the maximum carryover amount is increased to $680. – The amount for the adoption credit or the amount excluded for adoption assistance allowed for an adoption of a child with special… Read More
July 9, 2025 Introduction On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law. The almost 900-page bill is a sweeping tax and spending package that President Trump regards as a fulfillment of campaign promises. The OBBB includes several provisions that will impact employee benefit plans. The following summary reviews these employee benefit plan changes. Changes to Health Savings Accounts (HSAs) There are two notable changes for HSAs: -Permanent extension relief for first dollar telehealth benefits. Previously this coverage was provided as temporary relief in the COVID-19 pandemic and expired for plan years beginning… Read More
