Health Care Flexible Spending Accounts
Description:
Health care Flexible Spending Accounts (FSAs) are benefit plans established by employers to reimburse employees for health care expenses such as deductibles and copayments. The contributions to and withdrawals from FSAs are tax-exempt. On June 7, 2012, the House passed H.R. 436, the Health Care Cost Reduction Act of 2012, which would allow up to $500 of unused balances in health FSAs to be distributed back to the account
holder after the plan year ends and to allow over-the-counter prescriptio…
more
Date:
June 13, 2012
Creator:
Mulvey, Janemarie
Partner:
UNT Libraries Government Documents Department