Group Dynamic provides exemplary employee benefit administration and compliance services, including - COBRA, Flexible Spending Accounts, Health Reimbursement Arrangements, Health Savings Accounts, Parking & Transit Accounts, Payment & Billing Solutions, Premium Only Plans and Retiree Solutions (HRA, VEBA, Billing)
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Employers

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Latest News & Alerts

November 10, 2023
2024 Medical FSA and QTA annual limits - The IRS has announced that the 2024 annual salary reduction limit for Medical FSAs is $3,200. The annual maximum for Dependent Care FSAs remains $5,000 or $2,500, depending upon federal tax filing status. The Medical FSA Carryover limit increases from $610 to $640. The monthly maximum available under Transit and Parking Account plans increases from $300 to $315. As a reminder, the 2024 annual maximum contributions for Health Savings Accounts are $4,150 (employee only) and $8,300 (family). The HSA Catch-up contribution remains steady at $1,000. You can read our release here: Health Care FSA and Commuter Benefit Limits for 2024
July 11, 2023
A message to our valued Broker Partners, Employers and Participants -

We are pleased to announce that Group Dynamic has been acquired by Flores & Associates, LLC. Learn more: conta.cc/44rqM9g. At this time, all Group Dynamic clients and participants will continue to access account information using the Group Dynamic portal and their existing credentials.
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