Medcom Blog

Happy Earth Day!

Happy Earth Day!

2020 is the 50th anniversary of Earth Day. Each time April 22 comes around, it's a good time to ask, not what your earth can do for you, but ask what you can do for your earth! We should be doing is thanking the planet that allows us to live on it all year-round, but at least we dedicate one day each year for celebration!

There are many ways to celebrate Earth Day such as, make a cake for the earth, clean up the earth by going to a local beach, park, or just a...

Read More
What You Should Know About the Stimulus Package

What You Should Know About the Stimulus Package

Have you been checking your banking app the last few days to see when, or if, the promised stimulus money would show up? Yeah, me too!

I saw something pretty funny in the world of memes yesterday that gave me a much-needed laugh. I will not be able to quote this correctly, but the gist of it was, "The world really is upside down right now. It is April 15th, and the government gave ME money!"  It's funny because it is true. The government stimulus showed up in many American's bank accounts yesterday, and...

Read More
COVID Confusion: How Regulations Affect FSAs, Run-Outs, & More

COVID Confusion: How Regulations Affect FSAs, Run-Outs, & More

Medcom is getting a lot of questions regarding Flexible Spending Accounts, and other tax-advantaged benefit plans, and mid-year changes. We are here to provide additional clarification in a time when that seems hard to find. We are certainly in unusual territory, and the situation and changes with the IRS are fluid. 

To date, we still have not seen that the IRS has allowed for any new mid-year election changes to FSA's in light of the coronavirus or any changes to grace periods or rollovers. Under the existing rules, the Plan Administrator generally has the right...

Read More
6 Ways to Stay Focused While Working From Home

6 Ways to Stay Focused While Working From Home

When I dreamt of what it would be like to work remotely, I never really imagined it would be like this. I didn't think we would be in the situation, which has forced many of us to retreat to our homes, only venturing out for necessities and fresh air at the end of the day. No, I never pictured it quite like this. I thought it would be fun, focused, but, more importantly, part-time.

Many people are facing new challenges right now, one of them being work. How do we find focus amid the chaos...

Read More

Stay Connected