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Top Considerations for Adopting FSA Funding Relief
Society for Human Resource Management [SHRM]; membership may be required to view articleLink to more items from this source
[Guidance Overview]
Jan. 19, 2021

"Employers have flexibility to implement and tailor one or more of the available options.... Some administrators have adopted the rules unless employers opt out of them. Pay attention to communications from your administrators to ensure you do not lose flexibility ... [1] Carryover eligibility.... [2] Amount.... [3] HSA eligibility.... [4] Ordering rules.... [5] Aged-out dependents.... [6] COBRA considerations.... [7] Fiscal year plans.... [8] Employee communications.... [9] Plan amendments."

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