Status Change

FSAs, Status Changes, and Contributions

Changes in family status can change health insurance eligibility. But they can also affect consumer-directed healthcare accounts, prompting questions about mid-year status changes. Here’s how family status changes can affect…

Home » You searched for change of status
FSA Furlough

How Work Furloughs Affect FSA Accounts

…an employee’s job status changes due to layoff, termination, or retirement, FSA benefits stay behind. Furloughed employees may wonder how their status impacts FSA availability. How is a furlough different…

Home » You searched for change of status
benefits strategies

How the Pandemic Changed Benefits Strategies

…decreased feelings of security have affected workers and how the pandemic changes benefit strategies for both employees and employers. How have people been changed by the pandemic? Recent studies show…

Home » You searched for change of status

Health FSA and DCAP Carryover Rules Approved for 2021

…years ending in 2021 without a corresponding qualifying life event (change to marital status, birth/adoption or death of a dependent, change in employment status, etc.) Plan Amendments Required These changes…

Home » You searched for change of status
DCAP

Tax Relief Changes for CTC and DCAP

…continue to change and become more complex, and employers must be timely and accurate in implementing and communicating these changes. Having the assistance of a third-party benefits administrator (TPA) can…

Home » You searched for change of status
COVID-19 relief health plans

Where We Are: COVID-19 Relief and Health Plans

…and benefits consultant: Public Health Emergency Status In January 2020, a Public Health Emergency (PHE) was declared by the Secretary of the Department of Health and Human Services (HHS). During…

Home » You searched for change of status
HSA FAQs

HSA FAQs

change HSA contributions mid-year? Yes. You may change the amount you deposit into your HSA account anytime during the plan year. If you make contributions from your paycheck, be sure…

Home » You searched for change of status

Whitepaper: The Great Resignation Evolves

…Flexibility Seeking a better work-life balance, employees demanded remote work options and flexible schedules and weren’t afraid to change jobs to get them. A study by Flexjobs in 2022 found…

Home » You searched for change of status
FSA FAQ

FSA FAQs

…which they can enroll in an FSA. Further, if your family status changes, you may have the option to enroll or change your enrollment depending on the plan setup. Please…

Home » You searched for change of status