Diversified Administration, Inc.

07/21/2025

A new high for ACA Affordability Percentage for 2026 - 9.96%

This is the highest percentage so far:
2015 Percentage: 9.56%
2016 Percentage: 9.66%
2017 Percentage: 9.69%
2018 Percentage: 9.56%
2019 Percentage: 9.86%
2020 Percentage: 9.78%
2021 Percentage: 9.83%
2022 Percentage: 9.61%
2023 Percentage: 9.12%
2024 Percentage: 8.39%
2025 Percentage: 9.02%
2026 Percentage: 9.96%

The IRS is using a new way to calculate the percentage. It is sometimes called "ACA Potluck Guidance".

07/07/2025

Some good news in the One Big Beautiful Bill.

The bill increases the annual limit on contributions to dependent care Flexible Spending Accounts (FSAs) from $5,000 to $7,500, effective for tax years beginning after December 31, 2025. For taxpayers who are married filing separately, the limit increases from $2,500 to $3,750. Aside from a temporary increase in the American Rescue Plan Act of 2021, the limit was set by Congress in 1986 and has remained constant since then. The increase will benefit working families by lowering their cost of childcare, although the amounts are not indexed for inflation going forward.

I first participated in the DCAP in 1989 and the cap was $5000. It has not increased in all this time! Yea!!!!!

03/26/2025

Parmesan Baked Pork Chops
Ingredients:

4 boneless pork chops (about 1 inch thick)

1 cup grated Parmesan cheese

1 cup breadcrumbs (Panko or Italian-style)

1 teaspoon garlic powder

1 teaspoon paprika

08/16/2023

Increased caps for 2024? Not official yet, but the Crystal Ball says "yes".

Qualified Parking and Transit increase from $300 per month to $315.

Medical FSA maximum contribution up from $3050 to $3200.

Medical FSA rollover amount up from $610 to $640.

06/13/2023

05/17/2023

Last night the IRS issued the new 2024 HSA limits.
Everything has increased from the 2023 limits.

HSA permitted annual employee contributions
2023 $3,850 individual and $7,750 family
2024 $4,150 individual and $8,300

HSA maximum out of pocket limits
2023 $7,500 individual and $15,000 family
2024 $8,050 individual and $16,100 family

HSA minimum deductible (also called statutory)
2023 $1,500 individual and $3,000 family
2024 $1,600 individual and $3,200 family

04/26/2023

Our Spring Business Convention breakfast and conference was really great this year. Thank you to all the speakers, clients and outside professionals who attended. Looking forward to next year.

04/19/2023

So excited about our Spring Business Connections breakfast Tuesday April 25. We still have a few spaces, so let us know if you would like to attend.

01/19/2023

The maximum penalty for failure to file a Welfare Benefits 5500 has increased from $2400 per day in 2022 to $2586 per day in 2023.

12/01/2022

The new QSEHRA (Qualified Small Employer HRA) limits for 2023 have been announced. For self-only coverage, the new maximum is $5,850, up from $5,450. For family coverage, the new maximum is $11,800 up from $11,050.

10/27/2022

Susan Luskin presented her Continuing Education course "When Do I have to Update My Plan Documents?" to Miami Dade Association of Health Underwriters.

10/20/2022

A big Congratulations to our President/CEO Benjamin Davis, for receiving the award of "Rising CEO" at the South Florida Business & Wealth Up & Comer Award Ceremony last night.
This award honors young professionals in the tri-county area whose innovation in both their careers and their communities deserves special recognition.