IRS 2024 ACA Affordability Threshold Announcement

People Processes

English - September 25, 2023 14:00 - 7 minutes - 11 MB - ★★★★★ - 9 ratings
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The IRS recently made an announcement that holds significant implications for employers and HR professionals alike: the Affordable Care Act (ACA) affordability threshold for 2024 will be adjusted to 8.39%, down from 9.12% in 2023. This change might seem minor, but it holds substantial ramifications for businesses.

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