The IRS announced that purchases of face masks, sanitizer and other products for preventing the spread of coronavirus can be paid or reimbursed under health flexible spending arrangements (FSAs), health savings accounts (HSAs) or health reimbursement arrangements (HRAs). Plan documents can be amended retroactive to Jan. 1, 2020.
IRS Makes Face Masks and Sanitizer Payable Under FSAs, HSAs or HRAs
by Market Cheetah | Mar 31, 2021 | Communicable Diseases, Health Care Flexible Spending Accounts (Health FSAs), Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs), Human Resources