Articles Under the Tag: LPFSA

“Use or Lose!” – Deciphering the difference between carryover provisions, grace periods, and runoff periods

While FSAs must adhere to the “use-or-lose” rule, employers may offer one of two options to help you avoid having to forfeit your unused funds.

The IRS announced annual inflation adjustments for FSAs and HSAs. These increases are effective for plan years beginning January 1, 2025, and later.

Don't let your FSA funds go to waste! Review this list of over-the-counter items and other eligible expenses for FSA funds.

Offering reimbursement options is an effective way to improve employee experiences and employer satisfaction.

Did you know Limited Purpose Flexible Spending Accounts (LPFSAs) can help save you money and cover eligible dental and vision expenses?

The IRS has just announced 2023 reimbursement account limits and Social Security wage caps.

When your employment ends, whether it was voluntary or not, access to your HCFSA also ends unless you’re eligible to continue coverage through COBRA.

Often, simple oversights or misunderstandings can result in claim denials for your Flexible Spending Account.

HCFSAs can be a great way to help employees pay for covered medical expenses. But what happens if they don’t use all their funds by the plan year end?

The rules surrounding Flexible Spending Accounts (FSAs) can be complex. Here are some of the most common rules to know.

An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds.