What Are the IRS Guidelines for Section 125 Cafeteria Plan Qualifying Events?

Section 125 qualifying events

Knowledge of qualifying events is paramount for an employer that wants to extend flexible, tax-advantaged benefits through a Section 125 Cafeteria Plan. The IRS has set forth very explicit guidelines for situations during which employees can make mid-year changes to their elections under a cafeteria plan. These are the so-called Section 125 qualifying events, and […]