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Tag Archives: fsa
The IRS has relaxed PPACA’s $2500 HCFSA cap for non-calendar year HCFSAs
On May 30, the IRS provided some relief for non 1/1 HCFSA plans. Under current law there is no dollar-limit-cap on HCFSAs. However, since HCFSAs contain a “uniform coverage provision”, meaning that the entire annual election is made available on … Continue reading
Posted in Benefits Administration, Employee Benefits, Group Health
Tagged affordable care act, employee contributions, fsa, hcfsa, PPACA
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Flexible Spending Accounts: The Importance of FSA Administration
FSAs, or Flexible Spending Accounts, are a crucial component of many modern business. When properly facilitated, they can empower personnel, save money, and attract strong applicants for open positions. But if poorly administrated, FSAs can substantially hinder a company’s profitability, … Continue reading
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