Flexible spending accounts and mergers.

[Guest Eanselm]

If two companies are merging can the survivor company accept the FSA elections from the non-survivor company? Or are new election forms required?

[Guest Harry O]

Need more information . . .

Is this a stock or asset deal?

BTW, there is not very much in the way of guidance on this issue. In most cases you will end up doing something that makes sense . . .

[Guest bswift]

i agree with harry o although if its a true merger then the stock or asset issue is resolved. the options are to run the plans separately through the end of the years involved if the programs are sufficient dissimilar or to merge the plans. I have seen some informal info from the irs to the effect that you can't merge these plans; however, i don't think that mostly hot air. harry o is right in that you typically just do what makes sense - there is no guidance out there on the issue.