APWU | Upcoming Proposed Flexible Spending Account Changes

  Upcoming Proposed Flexible Spending Account Changes

"...the current administrator (FSAFEDs) and the Postal Service are notifying current FSA enrollees that their funds must be used by December 31st, 2024, or they will be forfeited. This is completely unacceptable. Employees who put money in their FSA expecting to roll over any remaining money should not lose out in this switch in administrators. ..."

Reference: apwu.org




 

Health Care's Next Big Fight: Tax the Rich or Slam Workers?

Flexible Spending Account slammed
Health Care's Next Big Fight: Tax the Rich or Slam Workers?
"...There's also more than $400 billion in cuts to Medicare and Medicaid; a new $20 billion fee on medical device makers; $13 billion from limiting contributions to flexible spending accounts; sizable penalties paid by individuals and employers who don't obtain coverage; and a mix of other corporate taxes and fees...."
Reference: www.huffingtonpost.com