Recorded Live Stream: Temporary Flexibility for Cafeteria Plans

Join Hays Companies for an informative webinar addressing IRS Notice 2020-29. This notice, released on May 12, 2020, provides tax relief through increased flexibility for taxpayers in section 125 cafeteria plans. Join the webinar to learn more about the possible implications of these changes.

Topics Covered:

  • Prospective changes to health insurance elections
  • Prospective changes to DCAP and health FSA elections
  • Changes to the grace period and carryover rules for DCAPs and health FSAs
  • The practical effects of these changes to the underlying benefits

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Please be advised that any and all information, comments, analysis, and/or recommendations set forth above relative to the possible impact of COVID-19 on potential insurance coverage or other policy implications are intended solely for informational purposes and should not be relied upon as legal advice. As an insurance broker, we have no authority to make coverage decisions as that ability rests solely with the issuing carrier. Therefore, all claims should be submitted to the carrier for evaluation. The positions expressed herein are opinions only and are not to be construed as any form of guarantee or warranty. Finally, given the extremely dynamic and rapidly evolving COVID-19 situation, comments above do not take into account any applicable pending or future legislation introduced with the intent to override, alter or amend current policy language.

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