Flexible Spending Accounts (FSAs)-Corporate

Course Outline

A flexible spending account (FSA) is an individual account that can reimburse an employee for qualified medical expenses and work-related child-care expenses. This course reviews the different types of FSAs, how employers can design these plans, compliance requirements, tax advantages, reimbursement rules, claims substantiation and other administration considerations. Conclude this course by comparing FSAs to other employer-sponsored health accounts.

Lessons include:

Section 125 Plans

Health Care Flexible Spending Accounts (HCFSAs)

HCFSA Rules and Design Options

Compliance Considerations for HCFSAs

Premium Reimbursement Accounts (PRAs)

Dependent Care Flexible Spending Accounts (DCFSAs)

Election Rules for All FSAs

FSA Continuation During Leaves of Absence

FSA Claims

Terminating Participation in an FSA

Pros and Cons of FSAs.

Run time: 5 hour

Recertification
SHRM: 5 PDC

Program contains closed captions. Please use our Accessibility Accommodation Form to request additional accommodations. This course is WCAG 2.1 AA compliant.

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