When Innovative performed an analysis during the on-boarding of a new client, we revealed a significant number of terminated employees. After digger more, we discovered their recordkeeper never instituted the auto rollover feature. After Innovative removed the 138 eligible participants, we saved the client $13,000 per year.

IRS Releases Adjusted Contribution Limits for FSAs and Commuter Accounts
On October 9th, the IRS released the 2026 maximum contribution limits for Flexible Spending Arrangements (FSA) and commuter accounts. Rev....
Read More