As a resource, the Employee Benefits and Executive Compensation practice at Brownstein Hyatt Farber Schreck prepares a chart identifying the annual adjustments to the dollar limitations that impact employee benefits.
In November 2017, we shared our chart with you. On March 5, 2018, the IRS announced decreases in the dollar limits on adoption assistance benefits (decreased by $30; ceiling and floor income thresholds for benefit phase-out decreased by $140) and the maximum HSA contribution for family coverage (decreased by $50) to reflect changes under the Tax Cuts and Jobs Act. We’ve updated our chart to reflect these decreases.
To read the full alert, click the PDF above.
