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With a healthcare FSA, your pre-tax money covers a wide range of common medical expenses. These include doctor visits, surgery and other medical procedures, prescription and over-the-counter medicines, as well as dental and vision care. However, you may be surprised that the following products and services also qualify as FSA >>
The final school bell has rung for most kids across the United States and as a result, parents have shifted to summer camp mode. Time for sunscreen, bug spray, flip flops, swim trunks, and all of those happy, fun things we associate with summer time. Working parents who signed up >>
With the passage of the American Rescue Plan Act (ARPA) in March 2021, Congress approved a limited time COBRA premium subsidy for certain individuals. Here are a list of questions you may have about the ARPA COBRA Premium subsidy.Am I eligible for the ARPA COBRA premium subsidy?To be eligible for >>
The Internal Revenue Service (IRS) published the approved contribution limits for Health Savings Accounts (HSAs) in 2022. In the notice, the IRS also revealed high deductible health plan minimum deductibles and limits on out-of-pocket expenses. Read on to find out more about 2022 HSA contribution limits.2022 HSA Contribution LimitsThe annual >>
When you participate in a healthcare benefits account, such as a Flexible Spending Account (FSA) or Health Savings Account (HSA), you set aside money to help cover out-of-pocket healthcare expenses. With either account, you can use the money for yourself or a qualified dependent, like a spouse or child. The >>
As the fight against COVID-19 continues, the IRS is helping people with the cost of personal protective equipment (PPE). On Friday, March 26, the IRS released Announcement 2021-7, which qualifies PPE bought for the primary purpose of fighting COVID-19 as eligible medical expenses under section 213(d) of the Internal Revenue Code. >>
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