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Earlier last week, the IRS announced the 2023 inflation adjustments for FlexibleSpendingAccounts and transportation fringe benefits, as discussed here. Annual Participant Compensation Limit. Highly CompensatedEmployee Threshold. Key EmployeeCompensation Threshold for Top Heavy Testing.
Common Employee Benefits. Tax-preferred plans: Health flexiblespendingaccounts, health savings accounts, health reimbursement accounts, transportationaccounts, and more. What percentage of total compensation is benefits? per hour worked and accounted for 68.2 Click To Tweet.
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