FSA Forfeitures
How can we use amounts participants did not spend from their FSAs?
DFSA and Private School Tuition
Can I use my Dependent Care FSA to pay for private school tuition?
Q: Can I use my Dependent Care FSA to pay for private school tuition?
A: No. Kindergarten and higher-grade tuition is considered an educational expense, not a dependent care expense. However, separately charged before- or after-school care may qualify for reimbursement from a DFSA.
Benefit Allocation Systems (BAS) provides online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 integrates with major insurance carriers for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and others), and with leading payroll platforms for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and others).
This article is for informational purposes only and is not intended as legal, tax, or benefits advice. Readers should not rely on this information for taking (or not taking) any action relating to employment, compliance, or benefits. Always consult with a qualified professional before making decisions based on this content.
Topics
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A rehire should trigger more than simply changing an employee's status back to "active."
How BAS Simplifies Flexible Spending Account Administration
BAS provides comprehensive FSA administration services designed to help employers streamline administration while maintaining compliance with applicable requirements.