IRS issues changes that affect Flexible Spending Account (FSA) elections
Due to the impact of COVID-19, participants may change their Health Care FSA and Dependent Care FSA elections for the rest of the 2020 plan year without needing to provide a reason to do so. Options include revoking an election so that no further salary reduction contributions will be required,Read more about IRS issues changes that affect Flexible Spending Account (FSA) elections