IRS Releases 2025 Limits for Health FSAs, Commuter Benefits, Adoption Assistance, and More
The IRS released Revenue Procedure 2024-40 announcing the adjusted contribution limits for health flexible spending accounts (Health FSAs), among other ...
FSA
IRS Releases 2022 Rates for Healthcare FSA and Commuter Benefits
On November 10, 2021, the IRS released Revenue Procedure 2021-45, which contains the 2022 limits for health flexible spending accounts (FSAs) and commuter ...
IRS Confirms COVID-19 PPE is Eligible for Reimbursement Under FSAs, HRAs, and HSAs
The Internal Revenue Service (IRS) confirmed in an announcement that expenses for personal protective equipment (PPE) for the primary purpose ...
IRS Issues Mid-Year Election Change Relief & Clarifying Guidance on FSA/DC FSA Changes
Recently, the Internal Revenue Service (IRS) released Notice 2021-15 (Notice), which provides employers an opportunity to allow employees to make ...