Sources: Treasury Grapples With Legalities Of Exec Order’s FSA Policy

The Department of Treasury is pondering the legalities of issuing a regulation that would increase the amount of tax-free flexible spending account (FSA) contributions that a worker could carry over from one year to the next and is considering whether a subsequent reduction in total contributions may be needed, according to sources tracking the rule. President Donald Trump had directed Treasury to issue guidance within 180 days to increase the carryover as part of a June 24 Executive Order on...