The IRS released the annual inflation adjustments for 2015 yesterday
Author Archives: Kathleen Rass
IRS Notice Expanding Permitted Election Rules
The IRS issued Notice 2014-55 on September 18, 2014, which expands the permitted election rules for health coverage under a Section 125 cafeteria plan. The notice addresses two specific situations in which a Section 125 cafeteria plan participant is permitted to revoke her/his election during a period of coverage
FSA Carryover Further Explained (Video)
Watch this explanation of FSA (Flexible Spending Account) carryover options.
FSA Carryover Further Encourages a Repeal of the OTC Prescription Provision
No matter on which side of the coin you fall regarding the Affordable Care Act, something on which we can probably all agree is that thankfully, we have ECFC to help us advocate to protect the value of tax-advantaged accounts.