Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
CAA #9: GOVERNMENT ANNOUNCES ENFORCEMENT DELAYS FOR SOME PROVISIONS OF THE CONSOLIDATED APPROPRIATIONS ACT OF 2021
On August 20, 2021, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (IRS) (collectively, the Departments) issued a FAQ offering guidance primarily on the timeline for implementing certain provisions of the Consolidated Appropriations Act of
Reminder! ARPA COBRA Subsidy Deadline Approaching
The ARPA COBRA Subsidy (Subsidy)* will expire September 30, 2021. Employers: Assistance Eligible Individuals must be provided a final notice of expiration of the Subsidy. Deadline: This notice must be given during the period that begins 45 days before the
Additional COBRA Subsidy Guidance: IRS Notice 2021-46
New guidance from IRS Notice 2021-46 (Notice) provides additional clarity on some miscellaneous requirements of the American Rescue Plan Act of 2021 regarding premium assistance for COBRA (Subsidy). See Notice 2021-46. Who is eligible for the Subsidy and for how
401(k): Updates to EPCRS Correction Programs Encourage Employers to Self-Identify, Correct Mishaps
On July 16, 2021, the IRS issued Revenue Procedure (“Rev. Proc.”) 2021-30, the most recent comprehensive official guidance concerning the IRS’s Employee Plans Compliance Resolution System (“EPCRS”). (See our reference article entitled “401(k): EPCRS Overview” for a general discussion of