News & Blog

PPE is FSA Eligible; HSAs and Some HRAs Also Affected

FSA, Health Reimbursement Arrangements, HSA, Participant, Reimbursement Accounts

Coronavirus protection. Medical protective surgical masks, hand sanitizer gel on white table.   Reimbursement accounts just had their eligibility list expanded to include personal protective equipment (PPE) to help fight against the spread of COVID-19.  Under Announcement 2021-7, issued by the IRS, PPE is now an FSA eligible expense.  Additionally, PPE is eligible for reimbursement through…

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American Rescue Plan Act: COBRA Subsidy

COBRA, Employer, Solutions

  On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA), which includes a new COBRA subsidy. The Act will impact qualified COBRA beneficiaries and provide more relief for Americans impacted by COVID-19. Employers will be required to act swiftly. Here is a summary of everything you need to know…

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How to Use Your FSA Before the 3/15 Grace Period

Flexible Spending Accounts, P&A Group

The 3/15 grace period deadline is approaching but don’t panic. Whether you have a significant balance remaining or just a few dollars left, the below tips can help you exhaust your Flexible Spending Account (FSA) and make the most of your plan.   3/15 Grace Period Overview First, let’s review what a grace period is. An…

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Lifestyle Reimbursement Account: New Benefit Option?

Employee Benefits, Reimbursement Accounts, Solutions

  A Lifestyle Reimbursement Account is a flexible benefit plan that packs a lot of perks into one plan no matter what your goals are. Are you looking to enhance your company’s benefit options?  Or maybe you want to help improve your employees’ health overall?  A Lifestyle plan may be the solution you need. Let’s…

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FSA Changes Provided in COVID Relief Bill

Flexible Spending Accounts, Solutions

As the pandemic continues, more help is available for FSA participants with the latest FSA COVID relief bill. Under the Consolidated Appropriations Act of 2021, new options are available for employers to adopt to their 2020 or 2021 FSA plans.  While these options are not mandatory, they can help participants from losing funds, among other…

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Four Things Every FSA Participant Should know

Flexible Spending Accounts, FSA, Open Enrollment, Participant

Woman sitting on steps outdoors and using laptop.  She is an FSA participant reviewing her plan.     Welcome, Flexible Spending Account Participants!  As an FSA plan holder, you can save significant dollars on IRS approved expenses.  As you begin or continue to use your account more, here are four things every FSA participant should…

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