Affordability Percentages Will Increase for 2021

Affordability Percentages Will Increase for 2021

Affordability Percentages Will Increase for 2021

On July 21, 2020, the IRS issued Revenue Procedure 2020-36 to index the contribution percentages in 2021 for purposes of determining affordability of an employer’s plan under the ACA. This ACA Compliance Bulletin describes the adjusted percentages.

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