6-8 In addition to children and working-age adults, millions of older adults and people with disabilities with low incomes who are dually eligible for Medicare and Medicaid have been expected to complete a Medicaid redetermination for the first time in up to 3 years.9,10 Dual-eligible older...
Employees reduce their federal income tax and FICA (Social Security and Medicare) tax liability. Hooray for them, and hooray for you, too. FICA tax consists of employee and matching employer portions. Because an FSA plan reduces the employee’s taxable wages, you and the employee pay less in...