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Self Administration of Flexible Spending Accounts


Guest TJ

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Posted

A small company of 6 employees would like to administrate their own Flexible Spending Plan. Is this still OK according to the IRS?

Posted

There are no regulations on who administers a Section 125. However, they may want to think twice about self-administration of a plan with FSAs, especially the medical reimbursement. Would be happy to discuss the concerns- 1-888-264-2717.

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