United Benefit Advisors Insight and Analysis Blog

IRS Issues Notice 2020-29

Posted by: Matthew Meidell    Jun 12, 2020 6:15:00 AM

The IRS issued IRS Notice 2020-29 (Notice) that provides increased flexibility for making mid-year elections or changes under a Section 125 cafeteria plan during calendar year 2020 related to employer-sponsored health coverage, health flexible spending arrangements (health FSAs), and dependent care assistance programs (DCAPs).

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Topics: compliance, compliance recap, IRS Notice 2020-29