Home > Benefits Blog > News

IRS Issues 2011 Version of Publication 969 on HSAs, HRAs, Health FSAs and MSAs


Category: Cafeteria Plans, CDHC, Compliance and Regulatory, Flexible Spending, FSA, Health Care Reform, Health Reimbursement, Health Savings, HRA, HSA, IIAS, IRS, Section 125 Plans, Taxes,

Publication 969 has been updated for use in preparing 2011 tax returns. This publication provides basic information about HSAs, HRAs, health FSAs, Archer MSAs and Medicare Advantage MSAs, including brief descriptions of benefits, eligibility requirements, contribution limits and distribution issues.

Read more >

New Guidance on Group Health Insurance Coverage Informational Reporting


Category: Cafeteria Plans, CDHC, COBRA, Compliance and Regulatory, Flexible Spending, FSA, Health Care Reform, Health Reimbursement, Health Savings, HRA, HSA, IIAS, IRS, PPACA, Section 125 Plans, State Legislation, Taxes,

The IRS has issued new guidance to clarify how employers and benefit plan administrators will need to meet Form W2 health benefit cost reporting requirements, including the treatment of FSAs, HRAs, EAPs and wellness programs, and supplemental coverage.

Read more >

Restoration of OTC expenses for FSA, HRA and HSA gains momentum


Category: CDHC, Compliance and Regulatory, Flexible Spending, FSA, Health Care Reform, Health Reimbursement, Health Savings, HRA, HSA, IIAS, PPACA,

This morning a long front-page article in the Wall Street Journal attacks the adverse impact of PPACA restrictions on OTC purchases by FSAs, coming just as several bills are introduced in House and Senate to fix CDH accounts.

Read more >

SIGIS Releases Significant Updates to IIAS Eligible Products List


Category: Compliance and Regulatory, Flexible Spending, FSA, Health Care Reform, Health Reimbursement, Health Savings, HSA, IIAS,

In response to new IRS guidance issued on Friday, September 3, 2010, the organization that manages the IIAS standard, SIGIS, is making significant changes to its Eligible Products List . The guidance, issued by the IRS in Notice 2010-59 in response

Read more >