Articles Under the Tag: FSA
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 – 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.
Study Shows Americans Want Help with Health Care Costs
2 minute read
August 01, 2019
Learn how offering an HCFSA or an HSA can help employees navigate qualified medical out-of-pocket expenses.
Bridge the Generation Gap with Reimbursement Accounts
4 minute read
June 05, 2019
It’s important to make sure your benefits package reflects the needs of your changing workforce to encourage participation and stay competitive.
Understanding FSA Benefits Debit Card Substantiation
5 minute read
May 14, 2019
An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds.
Help Your Employees Navigate Their Healthcare FSA
7 minute read
February 11, 2019
To help your employees understand how the plan works and best utilize their accounts, consider these tips.