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9:52 am, July 22, 2014

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Will OPM allow flexible-spending rollovers?

Under federal "use it or lose it" rules, any unspent money employees set aside last year to pay for out-of-pocket health costs, such as prescriptions or co-pays, is forfeited at the end of the year. But a group of senators from states surrounding the Washington, D.C., area, wants to change that. Sen. Ben Cardin (D-Md.) along with Sens. Barbara Mikulski (D-Md.), Mark Warner (D-Va.) and Tim Kaine (D-Va.) wrote to Katherine Archuleta, the head of the Office of Personnel Management, requesting the agency implement new regulations that would allow federal employees to roll over as much as $500 in unused funds from year to year.

Tags: pay and benefits , benefits , OPM , FSA , Ben Cardin , Barbara Mikulski , Tim Kaine , Mark Warner , Jack Moore

Monday - 12/30/2013, 01:06pm EST

Open Season with FSAFEDS

Bart Turney from FSAFEDS discusses the benefits of flexible spending accounts.

Tags: pay and benefits , Bart Turney , Open Season , flexible spending accounts , Bob Leins , For Your Benefit

Monday - 11/04/2013, 11:14am EST
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Open Season with FSAFEDS

Bart Turney from FSAFEDS discusses the benefits of flexible spending accounts.
November 5, 2012

Tags: pay and benefits , Bart Turney , Open Season , flexible spending accounts , Bob Leins , Tammy Flanagan , For Your Benefit

Monday - 11/05/2012, 11:46pm EST
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