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When Employees Can—and Can’t—Change Benefit Plan Contributions

May 12, 2020

The COVID-19 pandemic has upended not only employees' lives but also the expectations they had at the start of 2020 for annual spending through their benefit programs. Those who wish to change their pretax elective, payroll-deferred contributions for such things as dependent care or elective surgeries will find that some plans can be changed throughout the year while others may be changed only when employees have had a recent "qualifying life event." (Read More)

Article By: Stephen Miller, CEBS

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