Are there really "new cafeteria plan rules" ?

[Moe Howard]

I've seen several messages making reference to "new rules/ regs regarding cafeteria plans effective 01/01/2001".

What is this all about ? I havn't herad anything about it. Can anyone shed some information on these new rules?

[SLuskin]

The IRS issued new regs in March, 2000.All of the changes had to do with changes in status. Some of the regs were "final", meaning they have to be implemented (and plans amended) for the most part by 1/1/01. Some of the regs were proposed, and although the docs do not have to contain them, as long as you are amending for the final regs, it makes sense to do them both at the same time.