If you have a flexible spending account then deadlines are approaching on relaxed rules set up during COVID-19 pandemic
Deron Dalton | [email protected]
Many people may not even know this, but if you have a flexible spending account, then deadlines are approaching on relaxed rules that were set to expire by the end of 2022. This means you can miss out on hundreds of dollars part of your insurance policies via your employment,The flexible spending account covers an employer’s healthcare costs. These costs can be deducted from your pay pre-tax. Hence, you aren’t charged taxes.
Though rules on flexible spending accounts were relaxed during the COVID-19 pandemic. The government did not require employees to use money in their FSA by the end of each year or either lose it. Due to the rollover, some may have more money in their FSA than they may realize. Below is what that money can be used for, according to
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