News-to-Use

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?

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 ...

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 ...

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 ...

Q.- An employee is going to become a temporary foster parent for a child. Does this allow her to disenroll from our health 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 ...

Q.- Are school sport physical form costs eligible for reimbursement from a health flexible spending account plan?

Q- Does COBRA have to be offered for a health flexible spending account plan?

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 ...

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, ...