Under the terms of most qualified retirement plans, distribution is available only upon separation from service (whether voluntary or involuntary) or attainment of a specified age. The possibility of rehire after such a...more
The American Rescue Plan Act of 2021 is an enormous and intricate piece of legislation that has direct consequence for employers.
Signed into law by President Joe Biden on March 11, 2021, ARPA mandates several important...more
3/16/2021
/ Affordable Care Act ,
American Rescue Plan Act of 2021 ,
Biden Administration ,
COBRA ,
Coronavirus/COVID-19 ,
Dependent Care ,
Employee Retention ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Flexible Spending Accounts ,
Hospitality Industry ,
IRS ,
Multiemployer Plan ,
Paid Leave ,
Pandemic Emergency Unemployment Compensation (PEUC) ,
Pensions ,
Popular ,
Relief Measures ,
Restaurant Industry ,
Self-Funded Health Plans ,
Tax Credits ,
Unemployment Benefits
Providing sweeping relief to employee benefit plan sponsors, participants and beneficiaries impacted by the COVID-19 emergency, the Employee Benefits Security Administration joined with the IRS to extend deadlines in order to...more
The Coronavirus Aid, Relief and Economic Security Act or CARES Act, signed into law on March 27, 2020, includes many employment and employee benefit plan provisions. Set forth below is a summary of the significant changes...more
The recently passed CARES Act includes various provisions which may afford financial relief to individuals with respect to their IRAs and retirement plan accumulations. The specifics of these provisions and how they will be...more