Archive by tag: Plan YearReturn
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As we ring in 2019, calendar year cafeteria plan have also started the new 2019 plan year. Employers might be wondering whether it is really too late to allow employees to make changes to or even revoke their flexible spending account (FSA) elections, especially if it is prior to the first payroll for the new plan year.
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Categories: Benefits in General, Compliance | Tags: FSA , Permitted Election Change , Irrevocable , Plan Year
Most notably a projected increase to the 2019 Health Care FSA limit of $50 or an annual maximum is $2,700 per plan year.
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Categories: Benefits in General, Health Care Reform, Compliance | Tags: Health Care FSA , Flexible Spending Account , Projected Health Care FSA Limit , $2700 per plan year , Affordable Care Act , Tax Reform , C-CPI-U , 2019