The Consolidated Appropriations Act was signed into law on December 27, 2020. This is the latest COVID relief bill since the CARES Act in March 2020. This latest bill was designed to extend and amend some of the things originally included in the CARES Act. This includes several provisions that provide relief for Health and Dependent Care Flexible Spending Accounts (FSA’s).
Employers may, but are not required to, permit the following:
-OR-
Employers are not required to offer the additional provisions and it is up to the employer’s discretion to allow for some or all these provisions.
Is there anything Payroll Systems can help you with as you accommodate rapid legislation changes? Reach out and talk to us about the easy-to-scale solutions you need for your business.
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This article provides general information and shouldn’t be construed as legal or HR advice. Since employment laws may change over time and can vary by location and industry, please consult a lawyer or HR expert for advice specific to your business. You can also contact Payroll Systems to inquire about our HR support services.