Expansion of Covid-Related Relief for Cafeteria Plans

The IRS has issued a notice clarifying the temporary relief for health FSAs and DCAPs (collectively, FSAs) that was enacted as part of the Consolidated Appropriations Act, 2021.

The notice also allows additional election changes and provides relief regarding the effective date of amendments implementing the CARES Act’s provisions allowing reimbursement of over-the-counter (OTC) drugs without prescriptions and menstrual care products

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