Face masks FSA, HSA, and HRA eligible retroactively back to January 1, 2020 A new IRS Notice just made COVID-related personal protective equipment (PPE) like hand sanitizer and face masks FSA (flexible spending accounts) and HSA (health savings accounts) eligible,…
Read More About IRS says COVID PPE like face masks are FSA, HSA, and HRA eligible
The EBSA Disaster Relief Notice and the American Rescue Plan Act (ARPA) brought 100% COBRA subsidies, an increase in the Dependent Care FSA maximum from $5,000 to $10,500, and a new timeline for benefit extensions. On February 26, 2021, the…
Read More About COBRA Subsidies, FSA Dependent Care increase, and benefit extensions from ARPA
President Trump signed the HR 133 Consolidated Appropriations Act (CAA) on December 27th, which contains five FSA changes to help employees avoid losing funds. The new provisions temporarily do away with the “use-it-or-lose-it” rule through 2022 by providing unlimited carryover…
Read More About 5 FSA changes in 2021 stimulus bill offer relief to employees
