The IRS has just released Revenue Procedure 2024-35, setting the new affordability threshold for ACA employer mandate purposes at 9.02% for plan years beginning in 2025. This is a notable increase from the2024 percentage of 8.39%.

What does this mean for employers? With the affordability percentage rising, employers may need to revisit their benefits strategies to ensure compliance with the ACA mandate, while also managing the impact on employee contributions.

These are indeed crazy times,  and navigating them requires expert guidance. Contact us today to see how we can help ensure your benefits offerings remain compliant and competitive.

Marsha Marrullier, REBC
Direct:  (727) 385-1067