IRS PUBLISHES NOTICE REGARDING $2,500 LIMIT ON HEALTH FSAs

June 1, 2012

A provision of the Patient Protection and Affordable Care Act that is slated to take effect on January 1, 2013, limits Flexible Spending Account contributions to $2,500 per tax year.  On May 30, 2012, the IRS published Notice 2012-40 regarding Section 125 Cafeteria Plans. Read the rest of this entry »


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