Resources
NEW! New Section 125 Change in Status Event
Date:
05/11/2010
Source:
Walter W. Miller
Description:
The provision of the new Health Care Reform legislation that modifies the tax treatment of the group health plan coverage of older children has prompted the IRS to effectively designate a new change in status event. As a result, employers may now allow employees to change their health FSA elections to cover the reimbursement of medical expenses of older children.
An Employee Benefits Alert that discusses this significant new legal development can be downloaded below.