Employers and advisors have been seeking cafeteria plan relief in connection with the COVID-19 outbreak and will appreciate being able to offer additional flexibility to employees.
In response to the 2019 novel coronavirus (COVID-19) outbreak, the IRS has issued a notice allowing cafeteria plans to permit certain prospective midyear election changes. The notice also allows cafeteria plans to provide an extended period for using amounts remaining in a health FSA or DCAP to pay or reimburse medical or dependent care expenses
Click Here To find out moreEverybody in the employee benefits field uses acronyms like ALE, MLR, and ACA, but what do these and other employee benefits acronyms stand for?
04/14/2023
Everybody in the employee benefits field uses acronyms like ADA, MSP, and PHI, but what do these and other employee benefits acronyms stand for?
04/14/2023
Everyone in the employee benefits field uses acronyms like CDHC, EAP, and VEBA, but what do they stand for?
04/14/2023
The IRS has issued FAQs that explain when certain costs related to nutrition, wellness, and general health are medical expenses under Code § 213.
04/14/2023
A new wrinkle recently added a potential complication to calculating these deadlines.
04/14/2023