News-to-Use

Question of the Week

Q.- An employee just learned he needs a significant amount of dental work next month. He wants to put more money into his health FSA to pay for the expense. May we allow ...
READ MORE

Question of the Week

Q.- We have a calendar year health FSA with a grace period for incurring claims. An employee has a balance in his FSA for the 2021 plan year but did not elect to ...
READ MORE

Medical Care and Medical Necessity

The IRS issued an information letter confirming that flexible spending account expenses must be for medical care in order to be eligible for reimbursement.
READ MORE

Question of the Week

Q.- We have an employee who is participating in the Dependent Care FSA. He made a $5,000 election for the year. His child turns 13 on June 15, 2022 and he wants to ...
READ MORE

BAS FSA Services

BAS provides Health Care and Dependent Care Flexible Spending Account services for employer FSA plans. With daily processing, weekly claims reimbursement, debit card ...
READ MORE

Submitting Information for FSA Reimbursement

Employers using BAS for flexible spending account plan claim reimbursement management may wish to remind employees about the documentation needed to submit a claim. BAS ...
READ MORE

Nondiscrimination Testing for FSAs

Health care flexible spending account plans (HFSA) and dependent day care flexible spending account plans (DFSA) must not discriminate in favor of highly paid or key ...
READ MORE

Question of the Week

Q.- May I be reimbursed from my health FSA for the amount I spend on COVID-19 at-home test kits?
READ MORE

Question of the Week

Q.- Is the cost of an at-home genetic test kit eligible for reimbursement from my health FSA?
READ MORE

Health Care FSA Basics

Health FSA Basics
READ MORE