Question of the Week

Posted by BAS - 28 May, 2020

header-picture

Q.- I want to decrease my Health FSA election, but my employer said no. Don’t I have to be given the opportunity to change my election this year?

A.- The IRS announced additional permissible mid-year change events. Employers do not have to allow changes under their flexible spending account plans. If your employer did not adopt the new change events, the employer does not have to allow you to adjust your health FSA election mid-year.


Recent Posts

Question of the Week - Mid-Year Election Change

read more

HR Departments As Prime Targets for Social Engineering

read more

Requesting COBRA Coupons

read more