IRS Rule Lets Workers Make Benefits Changes Midyear – with a Caveat

In what amounts to a mid-year open enrollment period, the IRS has announced that it will let employees add, drop or alter some of their benefits for the remainder of 2020. But there is a catch: the employer must allow the changes. The new guidance applies to both employers that buy health insurance to cover their workers and those that pay claims on their own. Read more.