Skip to Main Content
Mobile Menu

Changes to Accountable Plan Rules

Changes to Accountable Plan Rules

May 27, 2011
Changes to Accountable Plan Rules (related to time allowed for reimbursement) Accountable Plan Policy 6290 has been revised to align with IRS requirements regarding reimbursements to employees. The new policy disallows payment of reimbursement requests for expenses incurred more than 120 days prior to the date the reimbursement request is submitted. Requests submitted more than 60 days after the expense is incurred will still be taxable; requests submitted more than 120 days after the expense is incurred will be returned to the employee unprocessed.℀

This entry was posted in Announcements/Changes/Enhancements.. Bookmark the permalink.