Understanding the complexities and nuances of insurance policies is rarely a simple task. This can be especially true of employer-provided healthcare plans, which offer many different types of ...
Under new IRS guidance, an employer may amend its cafeteria plan to allow for up to $500 of unused amounts remaining in a health flexible spending account (FSA) at the end of a plan year to be carried ...
A cafeteria plan – also known as a Section 125 plan, after the portion of the IRS code that regulates the plans – lets employees redirect part of their salaries and wages to pay for certain benefits.
WASHINGTON – A U.S. Treasury Department regulation released in August has clarified tax provisions that allow employees to make contributions toward the cost of individual health plans and pay for ...
The IRS recently published two items of guidance to allow temporary changes to cafeteria plans. As a result of the guidance, employers may allow employees to make mid-year benefit election changes to ...
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Cafeteria plans are a flexible way for employers to offer employees a variety of nontaxable health benefits. However, certain cafeteria plans and other benefit plans are subject to ERISA standards for ...