Last week, the president signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing $2 trillion dollars in economic relief to businesses and individuals. Included in this bill are two provisions that will greatly…

Stop waiting for paper check to come in the mail. Have your FSA claim reimbursement deposited directly into your bank account. Direct Deposit is a fast and easy way to expedite your reimbursement. Haven’t signed up for Direct Deposit? Log into…

We understand that as daily routines change to help slow the spread of COVID-19, you’ll need easy ways to communicate with us. Please know, we are here and available to you. Take a moment to register for the Proficient Connect

On November 6th, the IRS released Revenue Procedure 2019-44 containing the annual cost-of-living adjustments for various tax provisions for the upcoming year. The new maximum contribution amount for Flexible Spending Arrangements (FSAs)…

Proficient Benefit Solutions is a member of the Employers Flexible Council on Compensation (also known as the ECFC). This organization advocates for the expansion and improvement of tax advantaged benefit plans such as FSAs, HSAs and…

On Wednesday, October 23rd the Ways and Means Committee passed H.R. 1922, H.R. 3708, and H.R. 4716 to be taken up by the full House of Representatives. These bills would greatly expand and improve consumer directed healthcare plans by: …

On October 3rd President Trump signed Executive Order 13890 titled “Protecting and Improving Medicare for Our Nation’s Seniors.” The order details expansions and improvements that are to be made to free-for-service (FFS) Medicare and…

Summer is here, school is out, and everyone is heading outdoors for the season. Your FSA can help you prepare for outdoor, sun, or heat related problems that arise this time of year. Here’s a list of just a few FSA eligible items that will come…

Healthcare expenses are on the rise and having a benefit plan, like a Flexible Spending Account (FSA), that allows you to spend pre-taxed money on qualified medical expenses is key in reducing out-of-pocket medical expenditures. FSAs are…

The end of the year is approaching, and for many of our participants this means their FSA plan year is coming to an end. If you have funds remaining in your FSA account you may be wondering what you can do to ensure you receive…