$500 Health FSA Carryover; Mid-Year Election Changes for Non-Calendar Year Cafeteria Plans

The Department of Treasury and IRS recently released guidance modifying the “use-or-lose” rule for health FSAs and clarifying previous guidance regarding non-calendar year cafeteria plan change in elections.

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Obama Administration Delays Key Mandate of Health Care Law

In a major announcement, the Obama administration said late Tuesday that it will delay penalties for large employers that don’t provide health insurance coverage in 2014.

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