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IRS Announces 2025 HSA Limits

HSA amounts are on the rise again for 2025. The IRS announced that 2025 individual HSA contribution limits will be $4,300 and family HSA contribution limits will be $8,500. These are increases of $150 and $250, respectively, from 2024 HSA limits. Additionally, high deductible health plan (HDHP) deductibles and out-of-pocket maximums have increased for 2025. …

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IRS Announces 2024 FSA, HSA and Retirement Plan Limits

The IRS has announced cost-of-living increases for participants contributing to Health Flexible Savings Accounts, Health Savings Accounts and retirement plans. Please note the new contribution limits below. Health Flexible Spending Accounts The maximum contribution amount has increased to $3,200 and rollover amount is now $640. 403(b) and 457(b) Retirement Plans The limit is now $23,000 …

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First Financial Provides Uninterrupted Service During COVID-19

Since COVID-19 first arrived in the United States, First Financial Group of America made every effort to battle it by implementing our business continuity protocols. This allowed us to continue assisting our customers while keeping them and our colleagues safe. Plus, because these protocols were already established, we can carry on business as usual, providing …

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New First Financial Office Space Provides Additional Amenities for Employees

Since 1966, First Financial has proven to be a reputable leader in providing premier employee benefit solutions to our customers. One key to our success is our amazing colleagues. As an employer of choice, the First Financial culture encourages colleague engagement, diversity, open communication, innovation. Our employees know a career with us is not just …

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New Employee Benefits Under the American Rescue Plan Act of 2021

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021, a $1.9 trillion COVID relief and stimulus bill. The new law includes two important employee benefit provisions. COBRA subsidies First, the law allows workers who have been involuntarily terminated or experienced a reduction in hours to continue their employer health insurance …

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