The American Rescue Plan Act of 2021 (the ARPA), signed into law by President Biden on March 11, 2021, includes provisions affecting employee benefit plan sponsors. The ARPA provides relief to certain COBRA qualified...more
3/16/2021
/ American Rescue Plan Act of 2021 ,
Benefit Plan Sponsors ,
Biden Administration ,
COBRA ,
Coronavirus/COVID-19 ,
Defined Benefit Plans ,
Employee Benefits ,
Employer Group Health Plans ,
Flexible Spending Accounts ,
Multi-Employer Pensions ,
Premium Subsidies ,
Relief Measures
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt addresses the latest round of coronavirus relief legislation passed in December 2020 and what benefit plan sponsors need to know about changes...more
1/19/2021
/ Benefit Plan Sponsors ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employee Retention ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Flexible Spending Accounts ,
Paid Sick Leave ,
Relief Measures ,
Tax Credits
On the latest episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses new opportunities that the IRS and COVID-19 legislative relief have created for health flexible spending and cafeteria plans....more
In response to the COVID-19 crisis, Congress and the IRS have provided more flexibility and expanded opportunities for employees to utilize health flexible spending arrangements and to adjust cafeteria plan...more
New federal guidance makes health flexible spending arrangement (FSA) participation more attractive to employees. IRS Notice 2013-17 provides a new exception to the FSA “use it or lose it rule.”...more