When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What are Some Examples of Voluntary Benefits? Voluntary benefits include a variety of options, all designed to...
PPE is now an Eligible Expense
The IRS has announced that amounts paid for personal protective equipment (PPE) for the primary purpose of preventing the spread of COVID-19 – such as masks, hand sanitizers, sanitizing wipes – are treated as amounts paid for medical care.
Thus, COVID-19 PPE expenses are eligible for reimbursement through your Health FSAs, Health Savings Accounts and Qualified Health Reimbursement Accounts.
This is effective immediately and includes purchases made on or after January 1, 2020.