Benefits Debit Cards: Information Sheet for Employees

For many years, benefits debit cards have been a valuable asset to employees who participate in Flexible Spending Accounts (FSAs). These cards allow participants to easily pay for health and medical expenses with the swipe of the card. However, the Internal Revenue Service (IRS) has implemented changes that modified how benefit debit cards can be used. With these modifications, using the card should be a lot easier, but it is imperative to understand the rule changes.