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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Is COVID keeping you from the exercise you NEED?

September 17, 2020

As much as we want to use our FSA funds to cover our monthly gym membership, it's not considered a qualifying expense.  However, exercise…

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COBRA -Timeframe Extensions During the National Emergency

June 11, 2020

On April 28, 2020, the Internal Revenue Service (IRS) and the Department of Labor (DOL) released official guidance* that gives employees who were enrolled in their employer-sponsored…

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