IRS Guidance on CAA Coronavirus Relief for FSAs, DCAPs and Cafeteria Plans | Stinson LLP
On February 18, 2021, the IRS issued Notice 2021-15, clarifying temporary special rules for cafeteria plans, health flexible spending accounts (FSAs) and dependent care assistance programs (DCAPs) that were included in the Consolidated Appropriations Act (CAA) enacted on December 27, 2020. The notice also adds temporary opportunities to make changes in health plan coverage under a cafeteria plan. The notice provides lots of flexibility to employers wishing to implement these special rules. ...
Health Fsas Year Changes In Health Plan Coverage Year Election Changes To Health Fsas Consolidated Appropriations Act Termination Reimbursements Grace Periods
Source: jdsupra.com