IRS Rule Shift Lets Workers Make Benefits Changes Midyear — If Their Employer Agrees

May 29, 2020
The IRS has announced that with employer approval, employees will be allowed to add, drop or alter some of their benefits — including flexible spending account contributions — for the remainder of 2020.

The new guidance amounts to a midyear open-enrollment period and applies to firms that buy health insurance to cover their workers as well as to those that self-insure — paying claims on their own.

(Image credit: Virojt Changyencham/Getty Images)



from News : NPR https://ift.tt/3gBum8o

Leave a Comment

No comments

Subscribe to: Post Comments ( Atom )
Powered by Blogger.