Review new regulations for changing cafeteria plans — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Review new regulations for changing cafeteria plans

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in Employee Benefits Program,Human Resources

If your company offers a cafeteria benefits plan, examine new rules that the IRS and Treasury Department issued last month.

The set of final regulations (T.D. 8878) and proposed regulations (REG 117162-99) clarifies and expands the circumstances in which companies with Section 125 cafeteria plans can permit employees to change their elections.

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