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IRS Permits Extended Claims Periods for Flexible Spending Account Plans

June 3, 2005

Kelley Drye's Employee Benefits and Executive Compensation Practice Group has prepared a client advisory on changes to Flex Plan reimbursement rules, which modify the use-it-or-lose-it rules. This advisory will be of interest to employers maintaining a flex plan, such as a dependent care reimbursement plan or health care reimbursement plan.

Extended Claims Periods for Flexible Spending Account Plans (PDF, 425.91 K)

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