Finance News & Insights

IRS blitzes with new benefit limits for 2019

More mission-critical year-end updates have arrived! And these impact many of your different finance departments, from Payroll to Accounts Payable to Benefits. [Read more…]

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IRS releases FSA, other key benefits limits for 2018

The IRS just released the 2018 Cost-of-Living Adjustments (COLAs) for a variety of tax-related limits, like the popular flexible spending accounts (FSAs). [Read more…]

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Proposal would put OTC meds back into flex plan eligibility

One of the biggest complaints employees have about their FSAs is the fact they need a doctor’s prescription to be reimbursed for over-the-counter (OTC) medications. But that controversial rule may soon be a thing of the past.   [Read more…]

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IRS clarifies FSA use-it-or-lose-it rules: What to tell workers

While employers and employees alike welcomed the feds’ changes to a 30-year-old FSA rule late last year, the move raised plenty of questions. Now the agency has responded. [Read more…]

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End of FSA ‘use-it-or-lose-it’ era coming soon?

There are a number of reasons for employees to be optimistic that they’ll longer have to forfeit leftover FSA funds at the end of the plan year or grace period. [Read more…]

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3 ways to control health care costs that won't hurt workers' wallets

No surprise here: Health-care costs are expected to rise again in ’09. Fortunately there are some proven ways to keep costs from rising too high. [Read more…]

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