Data and Research | May 15th, 2024 Flexible Savings Account Forfeitures Slightly on the Rise New data from the Employee Benefits Research Institute reveals that around half of FSA accountholders forfeited unused funds to their...
Benefits | February 28th, 2022 Ways Employers Can Support Caregiver Employees The provision of targeted benefits for caregivers creates employee loyalty and good will, while helping to reduce stress and increase...
Opinions | June 8th, 2020 COVID-19 Compliance Corner: New Requirements and Options for Health/Cafeteria Plans Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
Benefits | May 20th, 2020 There Are Ways for FSA Holders to Make Use of Their Accounts The CARES Act has expanded the number of medical devices and medicines the funds can be used to buy, and...
Compliance | May 12th, 2020 IRS Expands Election and Reimbursement Periods for Health Benefits, FSAs The agency has also announced an increase in the FSA carryover amount.
Products | February 4th, 2020 Lively Launches ‘HSA-Compatible FSA’ The company says the launch is happening in response to “overwhelming customer and partner demand.”
Compliance | October 30th, 2019 California Requires Additional Notices for FSAs A new law, effective on January 1, provides that all employers sponsoring FSA plans must provide notice to participants of...
Benefits | April 12th, 2019 Communicating the Difference Between FSAs and HSAs to Participants Employers need to understand the basics of each in order to communicate to participants accurately, and they can use the...
Products | January 25th, 2019 Voya Launches Health Savings and Spending Account Solutions Voya health savings account (HSA) account holders with $2,000 or more in their HSA may choose to actively manage their...
Compliance | November 15th, 2017 IRS Announces 2018 Health FSA Limit The agency also issued a reminder that a certain amount of flexible spending account assets can be rolled over to...