New Stimulus Law: Impact on Unused FSA Balances, Health Plans and Plan Sponsors

January 14, 2021

As 2020 came to a close, President Trump signed the far-reaching and massive, Consolidated Appropriations Act, 2021. Aimed at providing economic relief and year-end funding, the law also contains provisions that impact employee benefits, including: provisions that impact health care and providing flexibility on using available FSA spending account funds.

Join us in a Conduent webinar where experts discuss the provisions that impact benefits and unpack the administrative impacts on benefit plans and programs.

Key Takeaways

  1. Optional Dependent Care and Health Care FSA carryover allowances and Dependent care age-out thresholds
  2. Prospective election amount modifications for Health Care and Dependent Care FSAs
  3. New health provisions
  4. New Unemployment provisions and their effect on Supplemental Unemployment Benefit Plans
  5. Retirement considerations

Featured Speakers

  • Todd Berkley, BenefitWallet Offering Leader
  • Eric Duvall, BenefitWallet Product Director
  • Jeff Lanzet, Health Offering Leader
  • Phil Parker, Wealth and Severance Solution Product Leader
  • Rachel Kugelmass, Center of Excellence Leader, Defined Contribution
  • Don Saccente, Center of Excellence Leader, Defined Benefit