What HCFSA and DCFSA plan changes am I allowed to make?
Health care FSA:
- With the new 2021 CAA changes to allow for a full balance rollover, the Zenefits Carryover max can now be configured between $1 and $2750 ( 2021 plan max).
- The provision to extend the benefit to terminated employees, allowing them to spend down their remaining balance will be supported.
Dependent Care FSA:
- With the new 2021 CAA changes to allow for a full balance rollover, the Zenefits Carryover max can now be configured between $1 and $5000 ( 2021 plan max).
- With the new 2021 CAA changes to allow for an employer to extend their Grace Period to 12 months , the Zenefits Grace Period Extension can now be configured at 2 ½ months or 12 months .
- We will offer and support the processing change to the age limit for qualifying children from 13 to 14 for a plan year for which open enrollment ended before January 31, 2020, and for any unspent funds from that plan year that are available (either by rollover or grace period) to the employee during the following plan year.