News-to-Use

Question of the Week

Q.- Can participants in a health FSA be reimbursed for the cost of sunscreen?
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Question of the Week

Q.- May I get reimbursed for the cost of my son’s summer camp from my Dependent Day Care FSA?
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Question of the Week

Q.- A participant wants to enroll in our health FSA now but he didn’t make an election to do so during our open enrollment for the plan year starting 1/1/2021. He told ...
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Question of the Week

Q.- An employee is having his daughter take online tutoring in the afternoon. He says that she is online so he is able to work. Is this expense eligible for ...
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Question of the Week

Q.- An employee is going to become a temporary foster parent for a child. Does this allow her to disenroll from our health FSA?
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Plan Contribution Limits for 2021

The IRS released plan contribution limits for 2021 which for the most part will not change from the 2020 limits. The Social Security Administration also released the ...
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Question of the Week

Q.- We sponsor a health flexible spending account plan that runs 7/1 through 6/30. We added a grace period to the 2019 plan year to allow expenses to be incurred through ...
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Question of the Week

Q.- I am organizing a “learning pod” for my third grader while his public school is having virtual schooling. Is the cost of the learning pod teacher eligible for ...
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Question of the Week

Q.- I know the IRS issued a rule this year that allows health flexible spending accounts to reimburse over-the-counter drugs without requiring a prescription. Does this ...
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Question of the Week

Q.- May we offer a carryover provision in our Dependent Care FSA like we do for our Health Care FSA?
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