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Text of American Benefits Council's Letter to IRS Pushing for Transition Relief for FSAs with Non-Calendar Year Plans (PDF)
American Benefits Council
[Opinion] Apr. 25, 2012 4 pages. "[The Council urges] the Service to issue transition relief that makes clear that health [Flexible Spending Accounts] with non-calendar plan years will not be subject to the limitation on salary deferral contributions for plan years beginning before January 1, 2013.... [A]bsent the requested relief, such non-calendar year plans ... could be required to undertake costly and burdensome actions to the detriment of employees who participate in such plans." MORE >> |
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