WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. March 31, 2025: Electronic filing deadline for 1095-C forms.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

Benefits Notes

MARCH 31, 2021

Health care flexible spending accounts are not subject to the ARPA provisions. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. This includes self-funded and fully-insured plans, multi-employer plans, and governmental employer plans.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

WEX Inc.

MARCH 6, 2025

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? In fact, if your employer offered the maximum allowed $660 carryover from a 2025 plan, you could carry up to $660 from 2025 to 2026. Check out our podcast episode below!

Medical 69

Medical Flexible Spending Account Flexible Spending Taxes 69

WEX Inc.

DECEMBER 17, 2024

Flexible spending accounts (FSAs) provide you with a smart way to save money on healthcare and dependent care expenses (depending on the type of FSA youre enrolled in). Our survey survey found that half of all Americans have trouble understanding the difference among different health spending accounts.

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Deductions Deductible 52

McNees

JANUARY 19, 2021

Here is what you should know: Temporary Special Rules for Health and Dependent Care Flexible Spending Arrangements. Mid-Year Election Changes: The Act permits plans to allow employees to prospectively change their health or dependent care flexible spending arrangement elections without a change in status at any time in 2021.

Employee Benefits 40

Employee Benefits Flexible Spending Health Insurance Pension 40