Final Rules: Tax Treatment of Cafeteria Plans
Federal Register, March 23, 2000, Page 15548
Internal Revenue Service
This document contains final regulations relating to section 125 cafeteria plans. The final regulations clarify the circumstances under which a section 125 cafeteria plan election may be changed. The final regulations permit an employer to allow a section 125 cafeteria plan participant to revoke an existing election and make a new election during a period of coverage for accident or health coverage or group-term life insurance coverage.
These regulations are effective March 23, 2000.
Janet A. Laufer or Christine L. Keller at (202) 622-6080