The world of employee benefit management can be complicated and confusing. The laws, rules and regulations governing an employee’s change of status further add to the confusion.
Change Of Status.com is here to help you cut through the clutter. We have created a dynamic, easy-to-use, three-step tool to help you determine the possible actions an employee can take given a change of status during a plan year. Just use the pull-down menus which begin on the homepage of this site. When you are finished, you will be presented with possible actions an employee can take as determined by federal rules and regulations. Additionally, nearly every action has at least one qualifying event that must be adhered to for the action to be legal and relevant. These qualifiers are also included.
Please note that the results displayed after using the Change of Status tool are generically based on Section 125-4 rules and regulations and do not replace your plan documents!
Also, feel free to add a link to http://www.changeofstatus.com on your website.
Change of Status.com is a free service of DataPath, Inc., a leading provider of software solutions for administering employee benefit plans. DataPath specializes in systems for employee benefit plans, flexible spending accounts, dependent care plans, health reimbursement accounts, health savings accounts, COBRA, healthcare debit cards and more. Clients include employers, third party administrators, benefit consultants, plan service providers, including banks, certified public accountants, insurance companies and insurance agencies.