With open enrollment season upon us, employers should review their open enrollment materials for accuracy and communicate any updates. Some open enrollment periods may have already ended, therefore, plans adopting the new limits may consider providing a limited special enrollment period to allow participants to adjust in light of the updated limits.
Thank you for choosing Paylocity as your Payroll Tax and HCM partner. This information is provided as a courtesy, may change and is not intended as legal or tax guidance. Employers with questions or concerns outside the scope of a Payroll Service Provider are encouraged to seek the advice of a qualified CPA, Tax Attorney or Advisor