News-to-Use

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.- Last year, we amended our health FSA to allow reimbursements of menstrual products and over-the-counter drugs without a prescription. Was this allowed just for the ...
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PPE and Health FSA/HRA

The IRS announced that amounts paid for personal protective equipment such as masks, hand sanitizer and sanitizing wipes for the primary purpose of preventing the spread ...
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IRS Guidance for Optional 125 Plan Changes

The IRS issued Notice 2021-15 providing operational guidance for recent permitted FSA changes. This Notice clarifies the temporary, special rules for health flexible ...
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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 asked if the cost of a mail-in ancestry test he just purchased is eligible for reimbursement from his health FSA. Is it?
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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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Child and Dependent Care

The Congressional Research Service released a report on child and dependent care tax credits explaining how they work and who receives them. There are two separate tax ...
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Question of the Week

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

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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