COVID Relief Legislation Allows Major Amendments to FSA and DCAP Plans

December 29, 2020

The Consolidated Appropriations Act 2021, passed by Congress and signed by President Trump, provides in part for significant changes to health FSA and DCAP…

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NEW PCORI Fee Announced

December 4, 2020

The Patient-Centered Outcomes Research Institute (PCORI) was authorizes by congress as part of the Patient Protection and Affordability Act of 2010. The funding for PCORI is provided through…

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Updated ID Verification Process for HSA Applications Coming Dec. 1

November 23, 2020

Our HSA custodian, National Advisors Trust South Dakota (NATSD), provides oversight to the Health Savings Account (HSA) activity managed through our platform. From time…

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We can Help With Your Virtual Open Enrollment!

November 13, 2020

If you are scheduling virtual open enrollments to insure the safety of your staff, due to the COVID-19 National Emergency, we can help! We…

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IRS COVID-19 DCAP Relief Explained

November 5, 2020

An IRS information letter responding to an inquiry regarding the return of unused amounts in a participant’s dependent care assistance program (DCAP) (also referred…

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IRS Announces New Contribution Limits for 2021

October 30, 2020

The Internal Revenue Service (IRS) published Rev. Proc. 2020-45, announcing annual limits for Flexible Spending Account (FSA) contributions, maximum carryover amounts, and Transportation benefit (Transit/Commuter/Parking)…

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