Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

During Open Enrollment last year, monthly HSA contribution maximums were calculated based on the IRS limit of $6900$6,900.  However, in March the IRS decided to reduce their allowable limit by $50.  This may seem like a small change, but exceeding that limit would come with a tax penalty.  So, we updated our forms and Solomon pages and set to determining the best process to prevent these overages, while hoping that this decision by the IRS would not stick.  

...