As a business professional, complying with federal regulations and keeping up with all of the changes is an important and challenging issue. In 2002, the IRS approved HRAs as an additional tool to address health insurance concerns, and in 2004, Congress added HSAs. This comprehensive and dynamic manual is designed to provide attendees with a better understanding of cafeteria plans, HRAs and HSAs, and how they compare. In addition, this manual will review the COBRA trouble spots and how to comply with the new notice requirements. The manual will provide a walk-through of what an employer has to do EVERY DAY to be in compliance with those confusing and ever-changing laws.