Reps. LaHood and Wenstrup Applaud IRS Guidance to Provide Flexibility for Individuals with FSAs and DCFSAs

Statement

Congressmen Darin LaHood (R-IL) and Brad Wenstrup (R-OH) today applauded the Trump administration for announcing guidance to provide relief to individuals with Health Flexible Spending Accounts (FSAs) and Dependent Care Flexible Spending Accounts (DCFSAs). The announcement came after Congressmen LaHood, Wenstrup, and their colleagues sent a bipartisan letter to the Trump administration requesting additional flexibility for FSA beneficiaries.

"The announcement by the Trump Administration to give patients who utilize FSA and DCFSA accounts more flexibility is welcome news for my constituents," said Rep. LaHood. "COVID--19 is leaving an impact on all Americans and families shouldn't be penalized or lose healthcare savings because of this unexpected pandemic. I am pleased that the Administration incorporated some of our recommendations, and I will continue to work with my colleagues to ensure families get needed relief in the wake of COVID--19."

"This coronavirus pandemic has thrown a wrench in many of our plans, and individuals and families with Health and Dependent Care Flexible Spending Accounts shouldn't be penalized because of these unforeseen events. I thank the administration for incorporating some of my recent recommendations to give more flexibility for FSA and DCFSA utilization. As this crisis wears on, Congress must be ready to make additional statutory changes as needed so that Americans can fully utilize their savings, and I look forward to that continuing work," said Congressman Wenstrup.

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