Notice & DisclosureAnnual
Section 125 Open Enrollment / Election Notice
IRC § 125; Prop. Treas. Reg. § 1.125-2
Employer must provide participants with notice of open enrollment period, available benefits, election procedures, and any plan changes. Must give participants a reasonable period to make elections before plan year begins.
ResponsibleClient/Other TPA (compliance TPA)
Deliver ToAll eligible employees
DeadlineBefore the start of each plan year; reasonable advance notice for elections
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