DataPath creates online survey to gather responses to Notice 2005-42.

Date Published: Thursday, May 26, 2005

DataPath, Inc. conducts survey of plan providers regarding impact

Little Rock, AR (May 26, 2005) – In a groundbreaking ruling by the Internal Revenue Service, the IRS issued Notice 2005-42 which allows the deadline for incurring Flexible Spending Account (FSA) expenses to be extended for up to 2 ½ months after the end of the plan year. Clearly a move that will provide for many opportunities in the employee benefits arena.

Please refer to the file below for additional information.

IRS Grace Period Release - 052305 - REVISED.pdf