Articles Under the Tag: FSA

Help achieve your goals this year by taking advantage of your Healthcare Flexible Spending Account and all the fitness savings it can provide.

Explore the important legislative changes that are impacting FSAs and DCAs.

Changing employers can be both exciting and stressful. As you close out your chapter with your previous employer, make sure you follow these steps.

Spend some time each year during your enrollment period or after a qualifying life event to review your documents and make changes as needed.

Here’s a list of some of the most common insurance terms used and what they mean to help you make your decisions.

You’ve likely heard that reimbursement accounts can help you save on tax, but it may not be clear how that impacts your finances.

If you’ve experienced a decrease in FSA expenses as a result of the COVID-19 pandemic, you may be wondering what will happen to your funds.

The Internal Revenue Code (IRC) allows participants to reduce their taxable income by participating in a Healthcare Flexible Spending Account (HCFSA).

The CARES Act allows over-the-counter drugs and medicines to be reimbursed by FSAs, HRAs, and HSAs without a prescription, as well menstrual products.

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?