Shared from Lockton’s Healthcare Reform Blog.
The IRS has announced benefit plan limits for 2012. There are many sections in the Tax Code that limit the amount of tax-favored benefits an employer may provide or an employee may receive. The IRS updates these limits annually to account for inflation. Here are the limits for 2012 and the corresponding limits for 2011. Note, the IRS issued the 2012 limits for HSAs during the summer. Those limits are included below as well.