April 20, 2025

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Appropriations Act Permits Midyear FSA Elections, Unlimited Carry-over Amounts Through 2021

The Consolidated Appropriations Act lets individuals to roll in excess of all unused amounts in their health and fitness and dependent care versatile expending accounts (FSAs) from 2020 to 2021 and from 2021 to 2022. Businesses can also make it possible for staff members to change their health and fitness or dependent care FSA contribution prices in the course of 2021.