Ashton-Blog

The 2016 monthly maximum for Transit is $255

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Congress has acted and the President has signed the “Omnibus” bill containing important tax provisions.
The biggest impact to employee benefits plans for 2016 is that  Mass-Transit Commuter Benefits now have permanent parity with Parking Benefits.

The 2016 monthly maximum for Transit is $255. What does this mean to you?
  • Employees can change their transit elections and shift more of their commuting costs to pre-tax dollars, saving more money on their commute.
  • Employers will save more money on payroll taxes due to greater pre-tax participation among employees.

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Not All Health Plans Are Created Equal

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It sounds like common sense, but with all the noise in the employee benefits world today about compliance, the Affordable Care Act, and benefits administration, it’s easy to forget the primary reason insurance agencies exist, to evaluate the most cost effective employee benefits programs for employers and their employees.

With health insurance premiums continuing to rise, the need for a trusted advisor with experience evaluatingalternative plan design strategies is more important than ever.

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