Does the IRS allow mileage expenses to be reimbursed from health plan spending accounts?
The IRS allows mileage expenses to be reimbursed from health plan spending accounts, including health reimbursement accounts (HRAs), flexible spending accounts (FSAs), Voluntary Employees Beneficiary Association (VEBA) accounts and health savings accounts (HSAs). However, such claims must be directly attributed to eligible medical care expenses. Your account may require proper support documentation such as an Explanation of Health Care Benefits (EOB) forms that confirm a medical care purchase or service performed or a receipt for an eligible medical item or service that contains a date matching the mileage expense claim. The IRS has set the 2008 mileage reimbursement rate at 19 cents per mile. Q: I have an employee terminating next week. Do I need to offer them COBRA for their Long Term Disability Plan? A: COBRA does not extend to group long term disability plans. However, the LTD plan through the MBA and some other group plans may be portable if the termination is not due to retiremen
