FSA Forfeitures
How can we use amounts participants did not spend from their FSAs?
Question of the Week - Labor Day and Work
- Are we allowed to require some employees to work on Labor Day? - Yes, there are no federal rules requiring Labor Day to be provided as a non-work day.
Q.- Are we allowed to require some employees to work on Labor Day?
A.- Yes, there are no federal rules requiring Labor Day to be provided as a non-work day. It is best to communicate clearly about any holiday work/pay policies. Some employers offer additional compensation for working on a federal holiday, but this is not required.
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.
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