May 2020 - Pro-Flex Administrators LLC

Posted May 21, 2020

IRS Has Just Issued Revenue Procedure 2020

From the Desk of HSA Limits Released for 2021 May 21, 2020 IRS has just issued Revenue Procedure 2020-32, which provides the 2021 cost-of-living contribution and coverage adjustments for HSAs, [...]

By Pro-Flex Administrators

In FSA, Updates

Posted May 18, 2020

Special Alert: Flexible Spending Account Changes

On May 12th, 2020, the IRS released Notice 2020-29 and 2020-33. These notices provide new relaxed rules for 2020 plan years regarding making elections under Healthcare FSA and Dependent Care FSA [...]

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