Help Your Employees ‘Use, Not Lose’ FSA Savings

The end of the year is just around the corner, and employees may still have sizable balances in their health care flexible spending accounts (FSAs). People know the mantra leading up to Dec. 31 is generally “use it or lose it.” However, the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Consolidated Appropriations Act, 2021, created flexibility for companies to extend rollover dates.

Full Article