The Internal Revenue Service (IRS) recently released 2026 inflation adjustments for various employee benefit plans, including health care flexible spending accounts (HCFSAs), qualified transportation fringe benefits, and adoption assistance programs. This Alert also summarizes other health and welfare benefit plan limits announced earlier this year and provides a summary of changes to the employer shared responsibility penalties under the Affordable Care Act (ACA).
This Alert is relevant for employers offering any of the affected benefit plans.