HR ADVISOR


What are FSA Qualifying Life Events?

A Qualifying Life Event (QLE) is a term used by the IRS in Section 125 of the tax code that allows an employee to change selections in their Flexible Spending Account (FSA) plan.

Examples

Qualified Life Events include:

  • Birth or adoption of a child
  • Putting a child up for adoption
  • Changes in the number of dependents
  • Changes in marital status, including divorce and death of a spouse
  • Changes in the cost of a dependent's care or coverage. For example, a significant increase in day care costs for an employee's dependent
  • Change in employment status of an employee, their spouse, or their dependent

Helpful Link:

Guide to Understanding QLEs - Nerdwallet.com

Karen Gracey
Manager, Benefits Advisors
Posted on Sept. 11, 2015, 3:25 p.m.
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