What Is an Out-of-Pocket Maximum? An out-of-pocket maximum sets a clear limit on what you'll spend on covered healthcare services in a year, giving you financial predictability. This cap includes your ...

Seyfarth Synopsis: Recently the IRS issued Rev. Proc. 2025-32 and 2025-61, announcing the cost-of-living adjustments to certain welfare and fringe benefit plan limits for 2026 and applicable dollar ...

For 2026, the dollar limit on voluntary employee salary reductions for contributions to health flexible spending arrangements (FSAs) has increased to $3,400, up from $3,300 in 2025, according to the ...

The Internal Revenue Service (IRS) recently released Revenue Procedure 2025-32, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,400 for plan years ...

In a move set to alleviate the financial burden on seniors, Medicare Part D will introduce a new rule in 2026, capping annual out-of-pocket drug costs at $2,100. This change, stemming from the ...

Voluntary salary reductions for health flexible spending cafeteria plans and annual deductibles for medical savings accounts will slightly increase next year. The Internal Revenue Service announced on ...

As health care costs continue to climb, it's worth making sure you take advantage of strategies and tax laws that apply to medical expenses, experts say. That can include getting health services now ...

Rep. Greg Murphy (R-North Carolina) introduced the Every Dollar Counts Act on Tuesday. It would ensure out-of-pocket costs for covered prescription drugs are applied toward patients’ deductibles and ...