Quick Facts: On May 12, 2020, the Internal Revenue Service (“IRS”) released Notices 2020-29 and 2020-33, collectively providing guidance related to cafeteria plan elections, health flexible spending accounts (“Health FSAs”), and dependent care assistance programs (“DCAPs”).
Quick Facts: The Department of Labor (DOL) and the Department of Treasury (IRS) jointly issued a final rule extending several specific notice time frames applicable under HIPAA, COBRA, and ERISA. The rule also extends the time frames for COBRA elections,
Download the Return to Work Roadmap:COVID-19 pdf Employers face unprecedented new challenges and considerations in returning to work while COVID-19 remains a health threat. Below is a compilation of guidance from multiple resources directing employers how to safely open the work place back up while keeping
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides assistance for individuals and businesses negatively impacted by the COVID-19 pandemic. Part of the CARES Act covers changes to FSA and HSA usage:
There is a common misconception that there is no downside for reporting a circumstance which might become a future claim for D&O, E&O, Employment Practices, Fiduciary and Cyber liability policies. However, coverage issues could arise from doing so.
Due to shelter-in-place orders related to COVID-19, auto insurers expect a decrease in drivers on the road, fewer miles driven, fewer accidents, and fewer claims. As a result, many are offering premium relief to their personal auto insurance customers.
COVID-19 is impacting individuals and organizations of all sizes. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small and mid-size businesses keep their worker employed despite the pandemic. Also known as the
What you need to know: A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations (the “regulations”) issued by the New York State Department of Financial Services (“Department”), extend grace periods
Kids are off school. You are working remotely, possibly for the first time ever. Everyone is staying home to stay safe, and trying to find a new normal. Juggling your responsibilities won’t be easy, but by following some tips and tricks, you can establish some household best practices to make the transition easier for everyone. Read More
With Michigan instituting a Stay Home, Stay Safe policy, a lot of workers are finding themselves suddenly working from home. For some, Wednesday may have been day one, for others you may have had more time to work out the kinks.
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