Flexible Spending Accounts (FSA)

In the words of the great philosopher Marie Kondo, does this document spark joy? Doesn't matter. If it's a 401(k) or health and welfare plan record, the IRS says keep it anyway — for at least six years, joy or no joy.

At my talk at the SHRM Annual Conference in Orlando in June, I bemoaned the fact that health and welfare plan electronic disclosures were stuck in the era of AOL dial-up. Somebody from the DOL must have heard me, because we now have new proposed rules for health plan electronic disclosures.

As we explained previously, funding for the Patient-Centered Outcomes Research Institute (PCORI) was supposed to end with filings and fees for plan years that began before October 1, 2019. In the words of the great philosopher Emily Litella, “Never mind.”

The IRS has now released all of the 2026 benefit limits on November 13, 2025, following the government shutdown. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits.

When it seems like every letter of the alphabet has been thrown at you, we want to help you understand the similarities and differences between all of these different types of health care accounts available to employers to offer to their employees.

The IRS just announced the 2026 health and welfare plan limits, impacting health care FSAs and transit/parking limits.

The final version of the OBBBA contains a few items of note to the employee benefits community. Here are some of the details.

When it seems like every letter of the alphabet has been thrown at you, we want to help you understand the similarities and differences between all of these different types of health care accounts available to employers to offer to their employees.

In an era where attracting and retaining employees is paramount to an organization’s success, a Lifestyle Spending Account (LSA) is a valuable addition to employee benefits. LSAs can significantly boost employee engagement by providing flexibility and control over their benefits.

We're often asked if vitamins of any kind (multivitamin, specific vitamins [such as B12, D, or K for example]) or others are eligible for reimbursement under a health care flexible spending account (FSA) or health reimbursement arrangement (HRA).

In a CNBC article, Kushner & Company President Gary Kushner is quoted on the issue of coverage of newer weight-loss prescription drugs in small to mid-sized employers' group health plans.

The IRS has now released all of the 2024 benefit limits. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits.

Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits.