By Ric Joyner
Kevin Knopf of the Treasury, speaking last Friday at the NAPBA.org Owners Conference, indicated to attendees that the Treasury has recently said publicly that the implementation of the New Cafeteria Final Regulations will be 2010. “The new regulations will likely appear toward the end of 2008 versus mid-summer which won’t give much time for implementation and document changes until 2010”.
NAPBA is in full review of other comments made on some of the issues related to non-discrimination testing, penalties for non compliance, and HSAs. We are hoping to have a pod cast on www.benefitblog.com within 2 weeks.