On May 12, 2020, in response to the COVID-19 pandemic, the Internal Revenue Service (“IRS”) issued two notices,
Notice 2020-29 and Notice 2020-33, providing welcome relief and guidance to employers sponsoring Section
125 cafeteria plans (“Section 125 plans”), health flexible spending accounts (“health FSAs”), dependent care
assistance programs (“DCAPs”), and qualified high deductible health plans (“HDHPs”).Click Here to Read IRS Issues Relief for Cafeteria Plans in Response to COVID-19 – 051520R