The current Loan Interest Rate is 8.5%
2023 Limits have been released! See Policies for the most up-to-date information.
The DOL announced the publication of a final rule to protect employee contributions deposited to small plans (under 100 participants). Effective 1/14/2010 the safe harbor period of 7 business days after withholding to deposit employee deferrals to the plan would be deemed to be in compliance. For Employers that have been using the 15 day rule, we would advise that you make the necessary changes immediately to fall within the 7 days period.
The IRS has set a limit of $2,650 for Medical Reimbursements beginning January 1, 2018.
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