Friday, February 16, 2007

Rollover Guidance From HRAs, FSAs Issued The U.S. Treasury and Internal Revenue Service have issued guidance regarding how employers can rollover unspent funds in their employees' health Flexible Spending Arrangements (health FSAs) and Health Reimbursement Arrangements (HRAs) to Health Savings Accounts (HSAs), as permitted by the Tax Relief and Health Care Act of 2006 (Public Law No. 109-432). This law, enacted December 20, 2006, allows employers to amend their health FSAs or HRAs for a one-time rollover to an HSA by 2012. 4:32:58 PM    comment []

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