Tag Archives: Cafeteria plan

Check it Out and Check it Off: 2015 Group Health Plan Checklist

With 2015 just around the corner, certain mandates under the Patient Protection and Affordable Care Act, as amended (“ACA”) are about to become effective. Health plans also have several existing enrollment and annual notice requirements. Below is a checklist of […]

Posted in COBRA, Health Care Reform, Health Plans, Legal Updates, Plan Administration and Compliance, Welfare Plans | Tagged , , , , , , , , , , , , , , | Leave a comment

IRS Expands Permissible Mid-Year Election Changes for Health Coverage Under Cafeteria Plans

Last Thursday, the IRS issued Notice 2014-55 (“Notice”), which expands the scope of permissible mid-year election changes under the cafeteria plan rules to allow an employee to revoke an election of employer-sponsored health coverage in the event of the employee’s […]

Posted in Health Care Reform, Health Plans, Legal Updates | Tagged , , , , , , | Leave a comment

More Post-DOMA Guidance from the IRS – Cafeteria Plans, FSAs and HSAs

Since the Supreme Court ruled section 3 of DOMA unconstitutional in United States v. Windsor, benefits practitioners have been eagerly awaiting IRS guidance as to how the decision impacts employee benefits. On December 16, 2013, the IRS released Notice 2014-1, […]

Posted in Health Plans, Legal Updates, Plan Administration and Compliance, Welfare Plans | Tagged , , , , , , , | Leave a comment

Top 5 Unanswered Questions with the $500 FSA Carryover

After having some time to consider the recent IRS guidance on the $500 carryover (sometimes called the “rollover”) for FSAs that we previously wrote about, additional issues keep coming to light.  Here’s a quick list of just some of the […]

Posted in Health Plans, Legal Updates | Tagged , , , | Leave a comment

Trick and Treat: IRS Modifies FSA Use-it-or-Lose-it Rule to Allow $500 Carryover

Just before rushing out the door to hand out candy to trick-or-treaters, the IRS gave the benefits world a treat and released Notice 2013-71 which modified the use-it-or-lose-it rule for health FSAs.  The notice generally provides that a cafeteria plan […]

Posted in Commentary/Opinions/Views, Health Plans, Legal Updates | Tagged , , | Leave a comment

IRS Adopts State of Celebration Rule – If Valid Where Performed, You are Married for Federal Tax Purposes

In Revenue Ruling 2013-17, the Internal Revenue Service provided clear guidance to define “spouse” for all purposes under the Internal Revenue Code. A “spouse” includes a same-sex spouse whose marriage is recognized by the state in which the marriage occurred. […]

Posted in COBRA, Health Plans, Legal Updates, Multi-employer Plans, Plan Administration and Compliance, Qualified Plans, Tax-qualified Retirement Plans, Welfare Plans | Tagged , , , , , , , , , , , , | Leave a comment