Question of the Week
- BAS
- 14.01.2021
- Eligibility & Enrollment
Q.- We have an employee who is enrolled in Medicare and is participating in our health FSA. Can he be reimbursed from the Health FSA for his Medicare premiums?
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Temporary FSA Changes Permitted for Plan Years Ending in 2020 and 2021
- BAS
- 07.01.2021
- HR & Benefits Compliance
The Consolidated Appropriations Act of 2021 (Stimulus Bill) passed at the end of last year allows flexible spending account plans to temporarily change their design to ...
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New Flexible Spending Account Changes in Stimulus Bill
- BAS
- 22.12.2020
- Covid
The Stimulus Bill (Consolidated Appropriations Act of 2021) passed by the U.S. Senate and House of Representatives on December 21, 2020 gives flexible spending account ...
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Use that FSA!
- BAS
- 17.12.2020
- HR & Benefits Compliance
Many employees who participate in a health flexible spending account plan wait until the end of the plan year to use their funds. While participants generally have a ...
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Question of the Week
- BAS
- 12.11.2020
- Dependent Day Care FSA
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
- BAS
- 29.10.2020
- Dependent Day Care FSA
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
- BAS
- 29.10.2020
- Flexible Spending Accounts
Q.- Are school sport physical form costs eligible for reimbursement from a health flexible spending account plan?
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Question of the Week
- BAS
- 08.10.2020
- COBRA
Q- Does COBRA have to be offered for a health flexible spending account plan?
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Question of the Week
- BAS
- 01.10.2020
- Dependent Day Care FSA
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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6 Benefits of Flexible Spending Accounts
- BAS
- 01.10.2020
- HR & Benefits Compliance
As we move into the fall, and particularly as companies begin to rethink their operations and benefit packages in light of COVID-19 and what may become a new normal, ...
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