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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

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.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

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.

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6 things to know if you’re a first-time medical FSA participant

WEX Inc.

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.

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5 common FSA terms you should know

WEX Inc.

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). However, you may have a number of pre-tax accounts to choose from.