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IRS Clarifies Relief for Health FSA Benefits Under the Consolidated Appropriations Act of 2021
Faegre Drinker 
[Guidance Overview] Mar. 19, 2021 "While a health FSA plan still cannot have both a grace period and a carryover in effect for the same plan year, [Notice 2021-15] gives employers the flexibility, in a plan amendment, to suspend a grace period provision to apply the expanded carryover relief for a plan year or to suspend a carryover provision to apply the extended grace period relief for a plan year." MORE >> |
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