FSA use-it-or-lose it rule relaxed by IRS, Treasury

10/31/2013 | Business Insurance (tiered subscription model)

The Internal Revenue Service and Treasury Department said the use-it-or-lose it rule governing health care flexible spending accounts is being eased. Under the revised rule, employers will be allowed change their plans to permit employees to carry more than $500 of unspent account balances to the following year, the agencies said.

View Full Article in:

Business Insurance (tiered subscription model)

Published in Brief: