Practical Considerations for FSA & Election Change Relief
Monday, January 11, 2021 The Consolidated Appropriations Act, 2021 (Act) provides certain COVID-19-related relief, including temporary additional flexibility regarding flexible spending accounts (FSAs). Employers have several practical considerations when deciding whether to adopt one or more of the changes in their plans. Under the FSA changes, employees need not lose the benefit of the dollars they set aside from their pay into healthcare and dependent care FSAs and may use the am...
Employee Communications Consolidated Appropriations Act Out Dependents Year Plans Material Modifications Consolidated Appropriations Act 2021
Source: natlawreview.com