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For a Section 125 plan (cafeteria plan), the plan year must be 12 consecutive months and must be established in the written plan. A short plan year is permitted only for certain business purposes.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.
