The IRS has released the updated contribution limits for 401(k) plans, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and other tax-advantaged benefits for 2026. These adjustments reflect annual cost-of-living changes and give employees new opportunities to save for healthcare and retirement. Below is a summary of the key updates employers should be aware of for the 2026 tax year. Retirement Plan Contribution Limits 401(k), 403(b), 457, and TSP Plans Emplo

As the year comes to a close, it’s the perfect time to review key HR processes and set the stage for a smooth start to the new year. A thorough year-end review helps ensure compliance, strengthens your recordkeeping, and allows you to catch policy or data gaps before January 1. Review Payroll and Benefits Confirm that all wages, taxes, and benefit deductions are accurate for the year. Make sure taxable fringe benefits such as gift cards, bonuses, and personal use of company v