Flexible spending account plans may adopt a new $500 carryover rule, modifying the “use-it-or-lose-it” rule. We explain in today’s Marietta Daily Journal.
Brands took a breather on Thursday. Stocks slipped amid the release of a variety of economic news. A first estimate on third-quarter GDP showed an increase. The Commerce Department said real gross domestic product grew by 2.8 percent. Up from 2.5 percent expansion in the second quarter, the reading was well above expectations.
Your employers may be providing a number of tax-advantaged benefits that you should take advantage of. Learn what they are in this Tax Tip.