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» COVID-19 Guidance for Section 125 Mid-year Election Change Rules

May 13, 2020

All Topics, Compliance, COVID-19 Resources, Employee Benefits

On May 12, 2020, the IRS released Notice 2020-29, which provides temporary flexibility for mid-year election changes under a Section 125 cafeteria plan during calendar year 2020. This Legal Update provides a brief summary of this relief.

Download summary HERE.

 

 

 

 

 

 

 

 

 

 

Posted by in All Topics, Compliance, COVID-19 Resources, Employee Benefits