"Over the past year, ... [because of] the increased cost of living due to inflation ... the benefits elected by highly compensated participants (HCPs) have remained steady or increased, while those chosen by non-highly compensated participants (NHCPs) have decreased.... [N]ow is the time to test your cafeteria plan and make the necessary adjustments through payroll by year-end if the plan fails this nondiscrimination test. After year-end, it is too late to make any plan corrections[.]"  MORE >>