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IRS Issues Notice 2020-29

The IRS issued IRS Notice 2020-29 (Notice) that provides increased flexibility for making mid-year elections or changes under a Section 125 cafeteria plan during calendar year 2020 related to employer-sponsored health coverage, health flexible spending arrangements (health FSAs), and dependent care assistance programs (DCAPs). This Notice also provides increased flexibility to apply unused amounts in … Continued

The Big-Picture View of Risk | California Benefits Agents

Many human resources and business leaders think about compliance in black-and-white terms. We simply check the boxes and evaluate compliance efforts using one measure: “Are we doing it right or not?” It’s easy to fall into the trap of failing to see the broader implications of our compliance efforts. We need to go beyond, “What’s … Continued

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