The IRS issued Notice 2014-55 on September 18, 2014, which expands the permitted election rules for health coverage under a Section 125 cafeteria plan. The notice addresses two specific situations in which a Section 125 cafeteria plan participant is permitted to revoke her/his election during a period of coverage
Tag Archives: Employers Council on Flexible Compensation
FSA Carryover Further Encourages a Repeal of the OTC Prescription Provision
No matter on which side of the coin you fall regarding the Affordable Care Act, something on which we can probably all agree is that thankfully, we have ECFC to help us advocate to protect the value of tax-advantaged accounts.
Supreme Court’s ACA Decision Reaffirms Need for Flexible Benefit Plans for Healthcare Solutions
Washington, D.C. — The Supreme Court’s decision upholding the Affordable Care Act (ACA) reaffirms the need for employer-based plans to operate efficiently and effectively to provide the most valuable coverage possible to employees through flexible benefit and individual account plans, and the Employers Council on Flexible Compensation remains committed to advocating for these tax-advantaged accounts.
Secretaries Duncan and Sebelius remind graduating students of new health coverage options under health care law
Secretaries reach out to college presidents, student associations; outreach tools available at www.HealthCare.gov.