by BMC | Nov 1, 2013 | Uncategorized
There has been a major modification to the “use it or lose it” rule, which required any leftover balance in an FSA to be forfeited at the end of the plan year. Effective in plan year 2014, employers that offer FSAs will HAVE THE OPTION of allowing participants to roll...
by BMC | Dec 5, 2010 | Uncategorized
As we arrive at the end of 2010, BMC Benefit Services is providing a brief update on some issues that will impact everyone in 2011. OTC Drugs Require a Prescription for FSA Submission in 2011 If you have an FSA, this is a reminder that you will need a prescription in...