Did you know your Flexible Spending Accounts (FSAs and DCAs) need Discrimination Testing?
Flexible Spending Accounts (FSAs) and Dependent Care Accounts are valuable employee benefits offered by many employers to assist workers with managing healthcare and dependent care expenses. However, to ensure these accounts comply with regulations and aren’t unfairly advantageous to higher-paid employees, discrimination testing is mandated by the Internal Revenue Service (IRS). Purpose of Discrimination Testing […]
