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IRS Expands Flexibility for Cafeteria Plans in Response to COVID-19
Husch Blackwell
[Guidance Overview] May 18, 2020 "[If] the claims period is extended under a health FSA that is not HSA-compatible, no contributions may be made to an HSA during the extended period if a participant has unused amounts remaining at the end of a plan year or grace period ending in 2020. Accordingly, employers should take caution before adopting an extended grace period." |
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