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COVID-19 relief for Flexible Spending Accounts (FSAs) was introduced in the recent federal government year-end spending bill signed by President Trump on December 27, 2020.
The year-end spending bill provides five opportunities for employers to ease concerns over losing FSA funds. In many ways, the guidance temporarily suspends the “use-or-lose” aspect of an FSA. The temporary rule:
To learn more, check out this BRI article and FSA Relief Considerations Q&A video.
Contact us at 800.696.4543 or firstname.lastname@example.org for assistance when you’re ready to enroll a group in a BRI plan.
Contact your Claremont team at 800.696.4543 or email@example.com.
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