The IRS has just issued Notice 2013-71, which modifies the use-it-or-lose-it rule for health care flexible spending accounts (“FSAs”), by allowing amounts unused at year end, of up to $500, to be carried forward to the next year.
There is a lot going on for FSAs, as well as for health reimbursement arrangements (“HRAs”) and health savings accounts (“HSAs”). Fortunately, some colleagues and I are giving a webinar on these arrangements, as impacted by the Affordable Care Act, on November 19. Information on the webinar is here. Hope to see you there. Stanley