Overview of Section 125 Cafeteria Plans

Join BAN’s Director of Compliance, Stacy H. Barrow, Esq. for an informative webinar on Section 125 “cafeteria” plans.  We’ll discuss which benefits can and cannot be offered under a cafeteria plan, the various nondiscrimination rules that apply to cafeteria plans or FSAs, and how to correct mistakes and administrative errors.  We’ll also review certain difficult-to-administer midyear election changes.

Key takeaways include:

1. An understanding of what benefits can and cannot be offered under a cafeteria plan
2. When pre-tax elections can be changed during the year.
3. How cafeteria plan nondiscrimination rules work.