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IRS Allows Health FSA Carryovers
The Internal Revenue Service (IRS) recently issued Notice 2013-71 which modifies the longstanding “use-or-lose” rule for health flexible...
Nov 6, 2013
Health FSA $2,500 Plan Year Limit
Healthcare reform added a new rule limiting salary reduction contributions to all health flexible spending accounts (FSAs) to $2,500....
Dec 18, 2012
New Transition Relief for FSA Plan Year Limit
Healthcare reform added a new rule limiting salary reduction contributions to a health flexible spending account (FSA) to $2,500...
Jun 1, 2012
Revised New Jersey Local Finance Notice 2011-20R and FSA Administrative Expenses
On November 23, 2011, the New Jersey Division of Local Government Services issued a revised Local Finance Notice 2011-20R and Notice...
Dec 2, 2011
Cafeteria Plan Amendments for OTC Drug Reimbursement
The Patient Protection and Affordable Care Act (PPACA) established a new uniform standard for certain medical expenses. Effective January...
Jun 13, 2011
Support for Nursing Mothers
The federal government continues to support the needs of working women who breastfeed their infant children. The healthcare reform law...
Feb 15, 2011
Debit Cards for Over-the-Counter (OTC) Medicines Permitted
The IRS has issued new guidance (IRS Notice 2011-5) to allow participants to continue to use flexible spending account (FSA) and health...
Jan 4, 2011
Reimbursement Restriction for Over-the-Counter Drugs
Under the new health reform law, over-the-counter (OTC) drugs are no longer qualified for purposes of distributions/reimbursements under...
Jul 22, 2010