MORE FLEXIBLE FLEX PLANS

How the IRS' new Section 125 rules increase the appeal of flex plans:

• Allows employees to be reimbursed from FSAs for orthodontia bills before services are performed.

• Allows reimbursement of dependent care expenses from FSAs after employees terminate employment.

• Gives new employees more time to make flexible benefit plan choices.

• Permits employees to pay COBRA premiums with pretax contributions.

• Allows employees to use pretax contributions to buy coverage in the individual market or other markets.