DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
it's - 1 Rachel Rouleau - 1 There's - 1 APRs - 1 — - 1 Rouleau - 1 FSAs - 1
Top related locs:
Top related orgs:
Finance - 1

Search resuls for: "Rachel Rouleau"


3 mentions found


☆ Are you facing a Dec. 31 use-it-or-lose-it deadline with your flexible spending account? Here’s what to know
  + stars: | 2024-12-16 | by ( Lorie Konish | ) www.cnbc.com   time to read: +2 min
If you have a flexible spending account, you could be facing a use-it-or-lose-it deadline to spend down those funds before the end of the year. Flexible spending accounts, or FSAs, allow workers to set aside pre-tax money to pay for qualified medical or dependent care expenses. About 70% of FSA account holders have a Dec. 31 deadline to spend their funds, according to FSA Store, an online retailer for FSA-eligible products. However, it's important to note that for many other FSA account holders, neither of those options apply, Rouleau said. If that's the case, "you really want to make sure you're tracking to Dec. 31 and spending down your funds appropriately before that date," Rouleau said.
Persons: it's, Rachel Rouleau, There's, APRs, —, Rouleau, FSAs Organizations: Finance
☆ Don't miss these approaching deadlines if you have a health care flexible spending account
  + stars: | 2023-03-03 | by ( Sarah O'Brien | ) www.cnbc.com   time to read: +3 min
The most common deadline for this is March 31, she said, although some companies may give you six or 10 months. Some offer a grace period or carryover amountMeanwhile, some employers also provide a grace period to spend any remaining 2022 FSA money — meaning qualifying 2023 health care expenses also can be applied against last year's balance. "You can think of it as a two and half-month extension of your 2022 plan," Myers said. For those with a grace period, that share is 37%. Check with your employer about its FSA rulesIt's common for workers to not know what their employer's FSA rules are.
☆ You may have ‘more money than ever’ left in a health FSA this year. What you need to know before pandemic relief expires
  + stars: | 2022-10-14 | by ( Sarah O'Brien | ) www.cnbc.com   time to read: +3 min
Rules on how health FSAs workHealth FSAs let workers stash away pretax money for qualifying medical expenses. The standard deadline to use your health-care FSA money is Dec. 31 of the year in which you make the contributions. At the remaining 23% of companies, you forfeit funds remaining in your account after Dec. 31. However, that's below the 48% with a traditional Dec. 31 deadline who forfeit money, and 49% of those who are allowed to roll over money. If you're uncertain what the rules are for your FSA, reach out to your company's human resources department, Rouleau said.
0 next >>
Total: 3