Affordability Percentage For 2024. The internal revenue service (irs) announced an updated new aca affordability threshold of 8.39% of an employee’s household income for 2024 for applicable large employers. This is a substantial decrease, and the lowest this percentage has ever been set.
Mexico continues to be a top choice for expats, securing the second position in 2024. The irs recently announced a significant decrease in the affordability percentage to 8.39% for 2024 under the aca’s pay or play rules.
The 2024 Affordability Percentage Is 8.39%, A Decrease From The 2023 Percentage Of 9.12%.
For 2024, the affordability percentage has decreased to 8.39%.
This Is A Substantial Decrease, And The Lowest This Percentage Has Ever Been Set.
Mexico continues to be a top choice for expats, securing the second position in 2024.
Affordability Percentage For 2024 Images References :
This Is A Significant Decrease From.
As shown in the table below, for plan years beginning in 2024, the affordability percentage for employer mandate purposes is indexed to 8.39%.
The Irs Has Announced The Affordability Percentage That Will Apply Under The Aca’s Pay Or Play Rules For Plan Years Beginning In 2024.