Flexible spending accounts have a “use it or lose it” rule that applies to the funds. Historically, this rule was the only option for flexible spending account holders. However, two important changes have emerged in the past decade that may allow account holders a bit of breathing room i...

Open enrollment is here and now is the perfect time to enroll in the company flexible spending plan (FSA) – if you haven’t already! With an FSA, you can set aside up to $2,650 in 2018. That money can be used to pay for all kinds of qualified health expenses and services. You might be surprised to se...

Flexible spending accounts (FSAs) have been around for a while, but there is still quite a bit of confusion around what’s eligible and how to use this valuable resource. FSAs are further complicated by the fact that there are several options: health, limited purpose, and dependent care. A health FSA...

The IRS has released the 2018 FSA and Transit/Parking plan limits. Please refer to the chart below to see the new 2018 limits and a side-by-side comparison of the 2017 limits. 2018 contribution limits released The IRS has released some of the limits for 2018. We have created a helpful chart that you...

In today’s busy world, time-saving options are always welcome. If you’re using a flexible spending account (FSA) from Infinisource Benefit Services, using the iFlex mobile app along with your FSA can save you time and effort. Check Account Balance from Anywhere Imagine that you’re at the doctor’s...