By Ric Joyner, MBA, CEBS, GBA, CFCI
The President signed the final health insurance reform bill Tuesday. The bills allow Flexible Spending Accounts to be reprieved until 2013 for the $2500 cap. This gives us time to lobby for the removal of the cap.
If your firm is under a collective bargaining agreement, and the bargaining agreement ends, e.g. 2012, the agreement limits remain in effect until a new contract is created. When the new contract is drafted it is our assumption the regulation limits would apply.