The Department of Treasury issued Notice 2013-71 announcing a significant change to how flexible spending accounts (FSAs) are administered by modifying the “use-or-lose” provision to allow a limited rollover of Medical FSA funds…. Read More
Important Update: $500 FSA Rollover Now Permitted
Reinsurance Fees Affect Certain HRAs
Health Care Reform (HCR) requires certain group health plans to contribute towards the Transitional Reinsurance Program. This program is intended to stabilize premiums for coverage in the individual market during… Read More
Benefit Resource Named to 2013 Inc. 5000 List
Benefit Resource, Inc., a leading administrator of pre-tax benefit accounts, is proud to announce it has been named to the Inc. 5000 Fastest Growing Private Companies for 2013. Benefit Resource… Read More
Benefit Resource Celebrates 20 Years with Introduction of New Website and Logo
ROCHESTER, NEW YORK, August 7, 2013 – Benefit Resource celebrates 20 years in business with the launch of a new website and logo which reiterates a commitment to the tax-free… Read More
Employer Mandate Delayed
The White House has made the decision to have the employer mandate delayed as outlined in the Health Care Reform Law. The employer mandate would have required all employers with… Read More
Benefit Resource Expands its BRiMobile App for FSAs, HSAs, HRAs and Commuter Benefit Plans
Benefit Resource introduces expanded functionality for its BRiMobile app, to streamline processes for participants when accessing and managing their pre-tax benefit accounts. “Since we launched the BRiMobile app nearly a… Read More
Will HRAs Survive Healthcare Reform?
Since the passage of Health Care Reform, we have kept close watch on the treatment of Health Reimbursement Accounts (HRAs) and what will be considered an “Integrated HRA.” Understand the… Read More
Mass Transit and Parking Limits Increase to $245
IRS released updated Mass Transit and Parking Limits for 2013. The IRS just released Revenue Procedure 2013-15 which announces that the monthly tax-free amount that may be excluded from an employee’s income… Read More
Fiscal Cliff Avoided. Pre-tax Mass Transit Benefits Increase.
Pre-tax mass transit benefits set to $240 from $125. In a last minute scramble to avoid the ‘fiscal cliff’ with a Mass Transit Benefits Increase, the Senate and House passed a… Read More
Benefit Resource Releases Industry Leading App
BRiMobile is the first app to support all tax-free benefit accounts including health, dependent care and commuter benefits. Benefit Resource introduces BRiMobile, an industry leading app, the first app designed… Read More