News-to-Use

Question of the Week

Q.- One of our FSA participants purchased a large amount of over-the-counter items. She wants to be reimbursed for 25 bottles of ibuprofen and 25 bottles of ...
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Direct Deposit for your FSA/HRA Reimbursements

Benefit Allocation Systems provides easy and accurate flexible spending account (FSA) and health reimbursement account (HRA) services. Employers that use BAS for ...
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Question of the Week

Q.- We had an employee ask us what happens to her health flexible spending account money if she isn’t able to use it all this year. What do we say?
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Question of the Week

Q.- I understand COVID-19 tests may not be covered by insurance soon. If I need to buy a test in the future, may I submit the cost for reimbursement from my health FSA?
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Question of the Week

Q.- Our health FSA plan has a carryover feature. When determining if a COBRA election has to be given to a terminated employee, do we include the carryover amount as ...
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Question of the Week

Q.- An employee just told us he elected to participate in the dependent care FSA but actually meant to participate in the health care FSA. He does have a disabled child. ...
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Question of the Week

Q.- An employee is undergoing medical treatment and has to drive about 100 miles each week to get that treatment. He asked if he can use his Health FSA to pay for his ...
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Question of the Week

Q.- Are over the counter cold medicines eligible for reimbursement from a health flexible spending account plan?
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Question of the Week

Q.- Are diapers eligible for reimbursement from a health flexible spending account plan?
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Health, Retirement, and Payroll Contribution Limits for 2023

The IRS and Social Security Administration released the health, retirement, and payroll contribution limits for 2023. Limits have increased from 2022 levels due to ...
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