Industry Articles

Introducing TEC_OneDigital Partnership

TEC Benefits is very excited to share some important news with you, our valued clients. We recently came to an agreement to align with OneDigital Health and Benefits, the nation’s largest employee benefits agency. This relationship brings together two innovative market leaders that, combined, will offer unparalleled customer service and sophisticated...

2019 IRS HSA Limits

The IRS has released the 2019 inflation adjustments affecting HSAs and HDHPs. The 2019 IRS HSA limits are as follows: ITEM 2018 2019 Annual Contribution Limit – Individual $3,450 $3,500 Annual Contribution Limit – Family $6,900 $7,000 Annual Catch-Up Contribution Limit (Age 55 to 65) $1,000 $1,000 Minimum Deductible for...

IRS Releases 2019 ACA Affordability Threshold

     The IRS has released a Revenue Procedure, which increases the affordability threshold for ACA (“Affordable Care Act”) Employer Mandate Purposes (“Pay or Play”) to 9.86% for plan years beginning in 2019. For reference purposes: ·         2015 Percentage: 9.56%  ·         2016 Percentage: 9.66% 2017 Percentage: 9.69% 2018 Percentage: 9.56%...

TEC Community Day 2018

Every year, the employees at TEC Benefits dedicate a day to giving back to the community. On Friday, May 18th, 2018, TEC Community Day took us to the Pine Valley Camp, located amid the verdant forests of Ellwood City, PA. Pine Valley Camp is a summer camp that aims to,...

2018 Take Your Child To Work Day

This year for Take Your Child to Work Day, we had the wonderful children help out with a great non-profit, Blessings in a Backpack. We brought in truckloads of food and juice boxes to put into bags for the children in low income areas to send home with them over...