Dear Health Flexible Spending Account (Health FSA) or Dependent Care Flexible Spending Account (DCFSA) Participant,
We have good news!
The Consolidated Appropriations Act, 2021 (the “Act”), signed into law on 12/27/2020, provides – among many other things – temporary relief for Health FSAs and DCFSAs.
In collaboration with HealthEquity, the company that administers our accounts, we have decided to adopt the optional provisions noted below. These provisions provide additional flexibility and minimize risk of forfeiting any unused health/waiver FSA or DCFSA contributions following the 2020 and 2021 plan years in light of the COVID-19 pandemic.
Please contact the Employee Wellness & Benefits Team at email@example.com or 270-745-5360 with any questions.