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ARTICLE · 26 MARCH 2013

Employee Benefits Update – March 2013

The deadline for employers and employees to make 2012 contributions to a health savings account is April 15, 2013.

United StatesEmployment and HR

SELECT COMPLIANCE DEADLINES AND REMINDERS

Deadline for 2012 Employer and Employee HSA Contributions is April 15, 2013

The deadline for employers and employees to make 2012 contributions to a health savings account (HSA) is April 15, 2013. Although the dollar limit on HSA contributions is determined monthly, HSA contributions for a taxable year may be made in one or more payments as long as the payments are not made before the beginning of the applicable tax year and not later than the original filing deadline (without extensions) for the individual's federal income tax return for that year.

Annual Funding Notice Deadline is April 30, 2013

All defined benefit plans must provide an annual funding notice to participants, beneficiaries, the Pension Benefit Guaranty Corporation (PBGC), labor organizations representing participants and beneficiaries and, for multiemployer plans, contributing employers. The annual funding notice must be provided within 120 days

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