The Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law on March 27, 2020. It's a mammoth bill of over 880 pages, and contains many employee benefit-related items. This post, the second in the CARES Act series deals with the qualified retirement plan provisions in the Act.
Posted on March 31, 2020 By Gary B. Kushner, SPHR, CBP, President
Categories:
401(k),
Administration,
Benefits,
Blog,
Cash Balance,
Combo Plans,
COVID-19,
Defined Contribution Plan,
Money Purchase,
Plan Document Services (RPS),
Profit Sharing,
Retirement Plans,
Team Rewards,
Total Rewards
The Coronavirus Aid, Relief, and Economic Security Act (CARES) Act has now been signed into law on March 27, 2020. It is a mammoth bill of over 880 pages, and contains many employee benefit related items. This post deals with two health and welfare items: over-the-counter drugs and telemedicine.
Posted on March 28, 2020 By Gary B. Kushner, SPHR, CBP, President
Categories:
Benefit Card,
Benefits,
Blog,
COVID-19,
Flexible Spending Accounts (FSA),
FSA / HSA / HRA,
Health Reimbursement Arrangements (HRA),
Health Savings Accounts (HSA),
Team Rewards,
Total Rewards
In an IRS News Release (IR 2020-57) issued on March 20, 2020, the IRS announced that they will shortly provide guidance that employers with fewer than 500 employees may retain payroll taxes withheld from employees’ paychecks for the tax credits for emergency paid leave.
Posted on March 21, 2020 By Gary B. Kushner, SPHR, CBP, President
Categories:
Benefits,
Blog,
Compensation,
COVID-19,
ERISA-ACA Compliance,
HR Compliance
