Modification of FSA use-or-lose rule delivers increased flexibility to workers seeking tax benefits for health care
ConnectYourCare, one of the nation’s leading providers of consumer-directed healthcare (CDH) account solutions, welcomes the immediate positive tax relief for flexible spending account holders at a time when the government is struggling to implement portions of the Affordable Care Act. The Treasury Department announced on October 31, 2013 that for the first time ever, the IRS is allowing a rollover up to $500 for flexible spending accounts (FSAs), effective immediately. ... |