Lexology July 10, 2025
The Big Beautiful Bill was signed into law by President Trump on July 4, 2025. The BBB is a complex budget reconciliation law (a law that follows a special procedure for more simplified passage) that contains over a thousand pages and hundreds of provisions. But how does it affect your big beautiful workplace?
Dependent Care
The BBB impacts Dependent Care Employee Flexible Spending Accounts. The employee contribution limit will increase to $7,500 beginning in 2026. You need to update your employee plans and communications.
Health Savings Accounts
Health Savings Accounts now have more options as to how pre-tax dollars may be used. One key area is telehealth coverage. Also, employees enrolled in ACA marketplace plans known as bronze or catastrophic...
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