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California Adopts Confusing FSA Notification Requirement

Oct 22, 2019

California recently enacted AB 1554, which purportedly requires an employer to notify employees of any deadline to withdraw funds from a flexible spending account (FSA) before the end of the plan year. The law applies to health care FSAs, dependent care FSAs and adoption assistance FSAs. Employees must be notified by two different forms, only one of which can be electronic. Notice methods include e-mail, telephone, text message, postal mail or in-person notification. (Read More

Article By: By Mark L. Stember © Kilpatrick Townsend

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