Reports on the issuance of a Final Section 125 Cafeteria Plan Regulations by the United States Internal Revenue Service. Details and background of Section 125 cafeteria plan; List several modifications to the 2000 proposed regulations; Date of regulation effectivity....
of the cafeteria plan changes permitted by the notices are optional; a plan sponsor can decide which changes, if any, will be made under its plan. Temporary Flexibility for Midyear Elections Under Cafeteria Plans Notice 2020-29 allows employees to make special midyear...
In Situations 2-6 above, the failure to comply with the substantiation requirements of the proposed cafeteria plan regulations results in the cafeteria plan’s failure to operate in accordance with its written plan or the failure to operate in accordance with Code section 125 and the proposed regu...
According to the IRS guidance, appropriate changes in Code § 125 Cafeteria Plan elections, including health FSA elections, will be deemed to be a "status change" under the Section 125 regulations pursuant to changes that will be made to those regulations effective retroactive to Mar...
For tax years beginning in 2023, the dollar limitation for employee salary reductions for contributions to health flexible spending arrangements increases to $3,050. For cafeteria plans that permit the carryover of unused amounts, the maximum carryover amount is $610, an increase of $40 ...
This document contains final regulations relating to section 125 cafeteria plans. The final regulations clarify the circumstances under which a section 125 cafeteria plan election may be changed. The final regulations permit an employer ... N Listed - 《Federal Register》 被引量: 0发表: 2000年 加...
Internal Revenue Service Ruling 2002-07 which authorizes cafeteria plans to automatically enroll employees in health plans and use pre-tax salary deductions to pay health insurance premiums. Description of the plan...
Susan Bernstein
IRS to Amend Cafeteria Plan Regulations to Facilitate Enrollment in Marketplace CoverageHamburger, Paul
Provisions of the 2000 rules concerning group life and disability coverage; Applicability of changes made with the 2000 regulations for cafeteria plan years beginning on or after January 2001.EBSCO_bspEmployee Benefit Plan Review