December 09, 2022
Holiday Closures and Processing Deadlines -
Christmas and New Year's Day: GDI offices will be closed on Monday, December 26th. Our offices will also be closed on Monday, January 2nd. Claim processing will not be impacted during the holidays. The entire GDI staff wishes you a wonderful holiday season!
October 18, 2022
2023 Medical FSA and QTA annual limits - The IRS has announced that the 2023 annual salary reduction limit for Medical FSAs is $3,050. 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 $570 to $610. The monthly maximum available under Transit and Parking Account plans increases from $280 to $300. The annual maximums for QSEHRAs are $5,850 (employee only) and $11,800 (family). As a reminder, the 2023 annual maximum contributions for Health Savings Accounts are $3,850 (employee only) and $7,750 (family). The HSA Catch-up contribution remains steady at $1,000.