The Consolidated Appropriations Act allows participants to roll over all unused amounts in their health and dependent care flexible spending accounts (FSAs) from 2020 to 2021 and from 2021 to 2022. Employers can also allow employees to change their health or dependent care FSA contribution rates during 2021.
Appropriations Act Permits Midyear FSA Elections, Unlimited Carry-Over Amounts Through 2021
by Market Cheetah | Jan 5, 2021 | Dependent Care Flexible Spending Accounts (Dependent Care FSAs), Health Care Flexible Spending Accounts (Health FSAs), Human Resources, Influencing Government Policy