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,…
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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
Answers to frequently asked CARES Act Questions On March 27, 2020, the federal government passed and signed into law the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, that includes a wide-ranging set of emergency funds and relief…
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Two new HRA plan types are available: Individual Coverage HRA (ICHRA) and Excepted Benefit HRA (EBHRA). On June 13, 2019, the Treasury, Department of Licensing (DOL), and Department of Health and Human Services (HHS) released final HRA plan…
Read More About ICHRA and EBHRA: Understand the fundamentals
