Tag: employer contributions

Question:  Does the 2013 FSA contribution cap of $2500 apply to the employee salary reduction contributions only, to the employer contributions, or both? Answer: Under the IRS regulations (http://www.irs.gov/pub/irs-drop/n-12-40.pdf), the statutory $2,500 limit under § 125(i) applies only to salary reduction contributions under a health FSA, and does not apply to certain employer non-elective contributions…

Question:  We have never made employer contributions to a voluntary 403(b) plan and have very limited involvement in it.  We allow the vendor to present it and merely handle the payroll deduction.  Is this plan covered by the safe harbor under ERISA? If so, is the plan also exempt from the 5500 filing requirement? Answer:…