Each year, the agencies release ACA and related indexed dollar limits. The table below is a current summary of these amounts for your reference. We have updated the chart (last published June 2016) to reflect recently released figures related to the PCORI fee and the 2017 health FSA salary reduction limit. Estimated penalty amounts related to the employer shared responsibility mandate have also been added.
*PCORI fee amounts are generally effective for plan years ending on or after October 1st of the referenced year and before October 1st of the following year. For example, the 2016 PCORI fee amount is applicable for plan years ending on or after October 1, 2016 and before October 1, 2017.
Note that this chart is for illustrative purposes only, and in some cases the effective date of a limit may not be January 1 of the referenced year, but rather may depend on the applicable “plan year."
Please contact your Conner Strong & Buckelew account representative toll free at 1-877-861-3220 with any questions. For a complete list of Legislative Updates issued by Conner Strong & Buckelew, visit our online Resource Center.