IRS Reminds Employers With Health FSAs Of The Importance Of Substantiating Claims
In a Memorandum from the IRS Office of Chief Counsel, the IRS has reminded employers that sponsor health FSAs that all claims for benefits from […]
IRS Provides Relief to Cafeteria Plans in Response to COVID-19
The IRS recently issued new guidance for cafeteria plans and high deductible health plans (HDHPs) pursuant to Notice 2020-29, which is specifically related to circumstances […]
IRS Increases Maximum FSA Carryover Limit, Clarifies Timing for Reimbursement of Premiums
The IRS recently issued new guidance for section 125 cafeteria plans pursuant to Notice 2020-33. This guidance: Increases the allowable carryover amount for health FSAs […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W</span> 2018 Health FSA Contribution Limit
The IRS has released Revenue Procedure 17-58 which presents the 2018 cost-of-living adjustments for several tax-related limits including those for the health flexible spending arrangements (“Health […]