{"id":166,"date":"2008-10-06T10:23:58","date_gmt":"2008-10-06T14:23:58","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=166"},"modified":"2008-10-06T21:52:32","modified_gmt":"2008-10-07T01:52:32","slug":"irs-issues-notice-on-fsa-distributions-to-reservists","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2008\/10\/irs-issues-notice-on-fsa-distributions-to-reservists\/","title":{"rendered":"IRS Issues Notice on FSA Distributions to Reservists"},"content":{"rendered":"<p><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">The IRS recently issued <a href=\"http:\/\/www.irs.gov\/pub\/irs-drop\/n-08-82.pdf\" target=\"_blank\">Notice 2008-82<\/a> which provides guidance on the recently enacted \u00a7114 of the <\/span><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: Arial; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">Heroes Earnings Assistance and Relief Tax Act of 2008 (the HEART Act). The HEART Act amended \u00a7125 of the Internal Revenue Code of 1986 (IRC) to allow distributions of unused amounts in a Health Flexible Spending Arrangement (Health FSA, also called a 125 or cafeteria plan) to reservists ordered or called to active duty. In addition to providing guidance on \u201cqualified reservist distributions\u201d or QRDs, the Notice provides a transition rule allowing plans to be retroactively amended for QRDs made before January 1, 2010. Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have any questions on <\/span><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\"><a href=\"http:\/\/www.irs.gov\/pub\/irs-drop\/n-08-82.pdf\" target=\"_blank\">Notice 2008-82<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IRS recently issued Notice 2008-82 which provides guidance on the recently enacted \u00a7114 of the Heroes Earnings Assistance and Relief Tax Act of 2008 (the HEART Act). The HEART Act amended \u00a7125 of the Internal Revenue Code of 1986 (IRC) to allow distributions of unused amounts in a Health Flexible Spending Arrangement (Health FSA, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[373,380,376,374,375,372,371,379,378,377],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/166"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=166"}],"version-history":[{"count":1,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/166\/revisions"}],"predecessor-version":[{"id":1170,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/166\/revisions\/1170"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}