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HomePosts tagged 'fsa limit'

fsa limit

Preparing for 2018 Payroll

November 2, 2017November 30, 2017 BEST HR Human Resources, Payroll & Taxes 2018, 401k, federal tax, flexible spending account, FSA, fsa limit, health savings account, HR, HSA, hsa limit, human resources, minimum wage, payroll

Each year there are a number of payroll limits that may change. In preparation for 2018, below is a list of changes that will take effect beginning January 1, 2018 (unless otherwise noted).

Federal Taxes

  • Tax bracket changes (federal) issued by the IRS on October 19, 2017 in Revenue Procedure 2017-58 – click here for more information.
  • Social Security limit will increase from $127,200 to $128,400 (NOTE: The Social Security Administration had previously announced a limit of $128,700 but that has been revised to $128,400).

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