(no subject)

[semperfiona]

Questioner on the HR forum here:

The IRS recently ammended it rules on cafeteria plans
(section 125) to allow for a grace period for qualified dependent care
assistance immediately following the end of a cafeteria plan year. This
basically allows employees to use unused contributions remaining at the
end of the plan year in the first few months of the next year. Is NISC
looking at ammending its plan to allow for a grace period? If we aren't,
why not?

Catbert's reply boils down to "It wasn't worth our effort."

I wasn't aware of the IRS change until today, but apparently I have
Catbert to thank for the $600 I've forfeited in child care deductions in
2005.