Articles Under the Tag: FSA

Important Legislative Changes Impacting FSAs and DCAs.
2 minute read
January 21, 2021
Explore the important legislative changes that are impacting FSAs and DCAs.
- Tags:
- Compliance
- COVID-19
- FSA
- DCA

Employee Benefit Terms to Know
4 minute read
July 02, 2020
Here’s a list of some of the most common insurance terms used and what they mean to help you make your decisions.

How much do you actually save with reimbursement accounts?
2 minute read
June 11, 2020
You’ve likely heard that reimbursement accounts can help you save on tax, but it may not be clear how that impacts your finances.
- Tags:
- FSA
- HSA
- HRA
- HCFSA
- Section 125

You have extra money in your Flexible Spending Account. Now what?
3 minute read
June 09, 2020
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.

Why is Substantiation Required for Certain Debit Card Expenses?
2 minute read
May 12, 2020
The Internal Revenue Code (IRC) allows participants to reduce their taxable income by participating in a Healthcare Flexible Spending Account (HCFSA).
- Tags:
- FSA

Over-the-Counter Items & Menstrual Products Now Eligible for Reimbursement
4 minute read
April 03, 2020
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.

What to Do with Your HCFSA When Your Job Changes
6 minute read
April 01, 2020
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.

Top 5 Reimbursement Claim Denial Reasons
3 minute read
February 03, 2020
Often, simple oversights or misunderstandings can result in claim denials for your Flexible Spending Account.

What can employers do with unused FSA funds?
3 minute read
January 20, 2020
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?

FSA Mistakes to Avoid: Spouse & Dependent Rules
3 minute read
January 09, 2020
There are specific rules for annual contribution limits and the use of Healthcare FSAs or Dependent Care Accounts funds (DCAs).

End of Year Tips for Reimbursement Accounts
4 minute read
November 12, 2019
The end of a calendar year can be a busy season. As you prepare for the new year, check out these tips for managing your reimbursement account.

FSA Mistakes to Avoid – Other Reimbursement Accounts
3 minute read
September 20, 2019
The rules surrounding Flexible Spending Accounts (FSAs) can be complex. Here are some of the most common rules to know.