Before you get to the good stuff…
Now that YMTT is back up and running, I’ll be featuring — from time to time — some Tips from Pops posts. For those who are already fans, you know the very beneficial information and insights passed along in these articles — information that can help keep you “in the know” and primed to be financially secure, today and tomorrow.
My Pop also has his own blog, called WynnSights, where you can find this post and so many more. Run, don’t walk to get signed up for that one. It’s free, time-tested tips from someone who has made a good life from his unique approach to planning, investing and saving so you can live your best life.
IRS Eases FSA Rules
To provide flexibility for employees coping with the Covid-19 virus, the IRS has issued new guidelines that permit employers to amend FSAs, allowing workers to adjust dependent care plan contributions – including dropping future contributions altogether.