Knowing how much to contribute to an FSA can be challenging. Gina offers advice in our Question of the Month.
Urban myth debunked: FSA debit card swipes DO require backup
We hear the frustration from participants, but the regulations are clear. When you swipe your FSA debit card, you need to substantiate it. Here’s why.
April Question(s) of the Month: Why would you enroll in a Limited Purpose Health FSA & what can you use it for?
A Limited Health FSA can dovetail nicely with an HSA, providing more pre-tax benefits. This month, Gina explores how it works and what expenses are eligible for reimbursement.
What can you do with forfeited FSA funds?
The options are limited when it comes to appropriating excess contributions from FSA plans. Here’s what an employer can do with the extra money.
November question of the month: Can an employee pay a spouse’s medical bills from an FSA, even if she is not on his medical plan?
A very common question answered here.
October Question of the Month: Can an employer have 2 classes of employees for insurance premiums and an FSA?
Gina tackles this very common question.
August Question(s) of the month: FSAs, Owners & Plan Years (oh my!)
A multi-part question on FSAs with regard to company ownership and plan year is August’s alphabet-soup Question of the Month!
SBA to HCEs on DCAPs: “Your participation is in peril…”
Be aware: Highly paid employees may not be able to participate in FSA dependent care programs.
Keep an eye out for info on PCORI fees!
Employers who have an HRA or contribute to an employee’s FSA account are required to pay a PCORI fee – due July, 31. Learn more.