Annual Non-Discrimination Testing
7 minutes ago
1 min read
Does your organization need to run nondiscrimination testing on its cafeteria plan every year? In this video, Bret McKitrick, VP of Compliance at Cottingham & Butler, explains why the IRS cares about who benefits from these plans, why testing is the only real way to prove your plan isn't discriminatory, and what risks to weigh if you decide to skip it. Spoiler: it's a "maybe, kinda, yeah, sort of" answer, and Bret walks you through why.