February 17, 2021

The 2021 Consolidated Appropriations Act (CAA) was signed into law on December 27, 2020. Designed to provide economic relief for victims of the COVID-19 pandemic, the relief provided limited provisions that directly affect limited, health, and dependent care flexible spending accounts (FSAs). Employers have the option to take advantage of any of these non-mandatory provisions, as long as their plan is amended to do so.