Quick overview on the impact of the ARPA on Dependent Care Flexible Spending Accounts and Non-Discrimination Testing considerations....
March 2021 was an eventful month with regard to new guidance on recently passed legislation and expanded provisions from the IRS to provide relief to individuals and businesses impacted by the continuing COVID-19 pandemic. ...
The ARPA attempts to address and help mitigate some of the far-reaching financial impacts of the COVID-19 pandemic. Some of these changes had an impact on the rules for employers regarding paid leave under the Families First Coronavirus Relief Act...
On March 10, 2021 Congress passed the American Rescue Plan Act (ARPA) of 2021, which was signed into law on March 11th. The ARPA attempts to address and help mitigate some of the far-reaching financial impacts of the COVID-19 pandemic. In addition to those provisions, the...
On February 18th, due to the pandemic, the IRS provided greater flexibility to employee benefit plans offering health flexible spending arrangements (FSA) and/or dependent care assistance programs....
As employers look for innovative ways to support employee health and well-being during the pandemic, many have been relying on telehealth options and apps. But these alternatives are leaving employees with critical care gaps. “Conventional care has left people to manage their own healthcare,” says Bill Gianoukos,...
The COVID-19 pandemic has killed more than 381,000 Americans, but the isolation and remote work environment caused by the rapidly spreading disease has exacerbated an already terrible opioid epidemic in the country. In the 12 months prior to May 2020, the U.S. recorded 81,230 drug overdose deaths, an...
A new study has found strong support from U.S businesses for a national paid leave policy after months of navigating the coronavirus pandemic and the ensuing recession. Researchers found that 75% of U.S. companies and U.K.-based companies with U.S. operations said they support a government leave plan to help cope...
No one could have anticipated the total upheaval to the workplace in 2020 — the transition to remote work, a new reliance on technology, persistent pressures on employee mental health and well-being, child care concerns — the year was a roller coaster of crisis management for organizations and HR leaders. With the...
With passage of the COVID-19 stimulus bill in December, Congress granted a five-year extension to a temporary provision of the CARES Act that allows employers to contribute up to $5,250 annually toward each employee's student debt on a tax-free basis. This tax exemption was set to...