DOL Launches Online Tool to Help Employees Determine FFCRA Eligibility
DOL Launches Online Tool to Help Employees Determine FFCRA Eligibility The U.S. Department of Labor launched an interactive online tool to help workers determine if they qualify for paid sick leave or […]
May Compliance Recap
May was a busy month in the employee benefits world. The Internal Revenue Service (IRS) issued IRS Notice 2020-29 that provides increased flexibility for making mid-year elections or changes under […]
President Trump Signs Paycheck Protection Flexibility Act
President Trump Signs Paycheck Protection Flexibility Act The President authorized the Paycheck Protection Flexibility Act on June 5th after it was passed by the House on May 28th with only […]
HSA Limits Released for 2021
IRS issued the 2021 cost-of-living adjustments for Health Savings Accounts and High Deductible Health Plans. 2020 2021 Self-Only Contribution Limit $3,550 $3,600 Family Contribution Limit $7,100 $7,200 HDHP – […]
COVID-19 Impact on Retirement Plan Discrimination Testing
COVID-19 Impact on Retirement Plan Discrimination Testing As a result of COVID-19, many employers have made financial, operational, and employment-related changes. Plan sponsors need to consider how the following actions […]
Paycheck Protection Program (PPP) Loan Forgiveness Application
Paycheck Protection Program (PPP) Loan Forgiveness Application On Friday, May 15th the SBA has released their forgiveness application with detailed instructions on how to complete the form. While the release promised […]
April Compliance Recap
April was a busy month in the employee benefits world. The President signed the Paycheck Protection Program and Health Care Enhancement Act (PPPHCEA). The Department of Labor (DOL) and the […]
Further Guidance on Internal Revenue Service Notice 2020-29
Further Guidance on Internal Revenue Service Notice 2020-29 The Internal Revenue Service (IRS) issued IRS Notice 2020-29 (Notice) that provides increased flexibility for making mid-year elections or changes under a […]
IRS Releases Two New COVID-19 Notices
IRS Releases Two New COVID-19 Notices To provide additional relief to Americans during these challenging times, the IRS released Notice 2020-29 and 2020-33. These notices provided new relaxed rules for […]
Open Enrollment and Outcomes Based Health Screenings Options During COVID-19
Open Enrollment and Outcomes Based Health Screenings Options During COVID-19 Due to the COVID-19 outbreak, employers who were planning on offering on-site health screenings tied to payroll deductions are unfortunately […]