S2-Ep42: ACA Affordability & 2024 Percentage

Compliance, Employee Benefits

Has the Affordable Care Act affordability calculation percentage for 2024 been released yet?

The IRS recently decreased the affordability calculation to 8.39% for 2024. This Comply on the Fly helps employers understand if this decreased rate will require them reduce employee contribution amounts in order to meet ACA affordability in 2024.

Listen Time: 5 min 27 sec

Please Note: This podcast and the contents herein do not constitute legal advice. Seek the advice of counsel for any benefit compliance related implementation guidance or strategy.

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