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  • https://selectaccount-prod2.mindtouch.us/Individuals/Spending_Your_Account/CARES_Act_Adds_OTC_Items_to_Eligible_Expenses_List
    If you have a health savings account (HSA) or flexible spending account (FSA), you can now use those funds for several common over the counter (OTC) drugs, medicines, and products.
  • https://selectaccount-prod2.mindtouch.us/Employers/Group_Administration/What_to_Know_About_FSA_Rollovers
    The IRS gives employers the option to allow employees to rollover some money from the current plan year to their FSA for the following plan year. Here's how it works.
  • https://selectaccount-prod2.mindtouch.us/Individuals/Browse_by_Account/Health_Savings_Account_(HSA)/HSAs_and_Your_Taxes
    This page covers how to report HSA income on your tax return, what forms to submit, and how individual HSA contributions are treated on your tax return.
  • https://selectaccount-prod2.mindtouch.us/Individuals/Spending_Your_Account/PPE_Added_to_Eligible_Expenses_List
    The IRS has added personal protective equipment (commonly known as "PPE") to the list of eligible expenses for HSA, medical FSA, HRA, and VEBA plans.
  • https://selectaccount-prod2.mindtouch.us/Individuals/Life_Changes/When_Your_Health_Plan_Dependent_Is_No_Longer_Your_Tax_Dependent
    If you’re a parent or guardian, one of the most important things to know about your health plan is how long you can keep your children on your plan and when it’s time for them to have their own plan.
  • https://selectaccount-prod2.mindtouch.us/Brokers_and_Agents/Industry_Articles/IRS_Permits_Additional_Preventive_Care_Benefits_for_HDHP_Coverage
    On July 17, 2019, the IRS issued guidance that expands health savings account (HSA) qualified expenses.
  • https://selectaccount-prod2.mindtouch.us/Individuals/Spending_Your_Account/Capital_Expenses
    A capital expense is an improvement and/or special equipment added to a home or other capital expenditure that may be eligible if the primary purpose is medical care. An example might be constructing ...A capital expense is an improvement and/or special equipment added to a home or other capital expenditure that may be eligible if the primary purpose is medical care. An example might be constructing a ramp that allows for wheelchair access to a home.
  • https://selectaccount-prod2.mindtouch.us/Individuals/Spending_Your_Account/Eligible_Expenses
    This page outlines which items are approved expenses that can be paid from a health savings account (HSA) or medical flexible spending account (FSA).
  • https://selectaccount-prod2.mindtouch.us/Individuals/Contributing_Funds/How_To_Get_Tax_Benefits_from_Manual_HSA_Contributions
    Both payroll and manual contributions made to your HSA throughout the tax year offer the same tax benefits. Here's what you need to know to maximize your those benefits, and instructions for making a ...Both payroll and manual contributions made to your HSA throughout the tax year offer the same tax benefits. Here's what you need to know to maximize your those benefits, and instructions for making a manual contribution to your account.
  • https://selectaccount-prod2.mindtouch.us/Media_Content/Content_for_Reuse/FAQs/If_I_receive_adoption_assistance%2C_can_I_also_take_a_tax_credit_on_my_tax_return%3F
    If I receive adoption assistance, can I also take a tax credit on my tax return? You may be eligible for both. You cannot take credit and receive adoption assistance for the same expense. You should c...If I receive adoption assistance, can I also take a tax credit on my tax return? You may be eligible for both. You cannot take credit and receive adoption assistance for the same expense. You should consult with your tax advisor to determine what will work best for you.
  • https://selectaccount-prod2.mindtouch.us/Employers/Group_Administration/What_Can_You_Do_with_Forfeited_FSA_Funds%3F
    Since FSA funds are mostly “use it or lose it” for employees, there will inevitably be some employees who lose at least part of the money contributed to it. What can you do with that money?