New provisions for flexible spending accounts provide relief and flexibility for caregivers

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The Consolidated Appropriations Act of 2021 was signed into law on December 27, 2020, allowing Intermountain to adopt new COVID-19 relief provisions for caregivers enrolled in flexible spending accounts (FSAs). The new provisions apply to caregivers enrolled in one or more of the following types of FSAs:

  • Health Care FSA
  • Limited Purpose FSA
  • Dependent Care FSA

The new provisions allow caregivers to prospectively increase or decrease contributions to FSAs throughout 2021 for any reason. They also allow caregivers who aren’t currently enrolled in an FSA to enroll midyear. Normally, a qualifying life event (e.g., birth, marriage, divorce, etc.) is needed to make changes to FSAs. Click here to learn more about the new provisions.

The plan adoption is effective immediately. If you’d like to prospectively change your FSA contribution rate midyear, you must submit a request to Ask HR either at AskHR@imail.org or through the HR Digital Portal. 

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