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The Internal Revenue Service has issued new guidance that offers more flexibility to carry over unused Flexible Spending Accounts and dependent care assistance program amounts from 2020 and 2021 plan years, BenefitsPRO reports. Furthermore, the guidance allows extensions of the permissible period for incurring claims for plan years ending 2020 and 2021; provides flexibility to adopt a special rule pertaining to post-termination reimbursements from health FSAs, and much more.
1. Hacking group Ransomhub claims to have stolen UnitedHealth data
2. Hackers leak stolen data from Change Healthcare on dark web
3. UnitedHealth estimates $1.6 billion loss from Change cyberattack
4. Ex-NBA player Will Bynum sentenced in insurance fraud scandal
5. Teladoc Health CEO Jason Gorevic steps down amid stock plunge
6. Biden administration limits Medicare Advantage broker compensation