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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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.
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.