Tag: FSA Contributions

Question: How does ACA impact smaller employers with less than 50 employees? Answer: Many of the provisions of the Affordable Care Act apply to larger employers (with more than 50 or 100 employees).  Here is a summary of some of the provisions of the law that impact under 50 employers from the Kaiser Family Foundation: Small Business…

Question:  Can you stop your FSA contributions for dependent care in mid-year? Answer: The employee’s selection is irrevocable for the plan year unless the employee experiences a change in status or other qualified event as defined in the IRS Regulations addressing mid-year election changes and your plan permits such qualified changes.   The first thing we…