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Reconsidering your employee benefits priorities

Health Consultants Group

Whether their families battled the virus or not, they have all endured a life-changing event. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. In 2020, they surveyed 2,504 active HR professionals. Flexible work options. Health Savings Accounts.

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New COVID relief package extends payroll provisions

Business Management Daily

The new COVID relief package included in the Consolidated Appropriations Act, 2021 (H.R. The key payroll provisions include: An extension of the paid sick/ family leave provisions and your tax credit for providing leave. Relief for employees who receive surprise medical bills. The overall price tag? Beginning Jan.

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10 steps to maintain end-of-year payroll compliance

Business Management Daily

FSAs (flexible spending accounts) are typically a use-it-or-lose-it benefit. Pre-tax dollars are deducted through payroll and placed into a flexible spending account to cover eligible medical or dependent care expenses. Also, check for minimum wage increases in any states in which you employ people.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. Health care flexible spending accounts are not subject to the ARPA provisions.

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2nd COVID-19 Relief Bill Includes Many Other Changes 2021 & 2022!

Fringe Benefit Analysts

COVID Relief, No Surprises Act, FSA and DCAP Extensions, Transparency, and HIPAA Privacy Updates. . . Features of the Consolidated Appropriations Act. . The Consolidated Appropriations Act of 2021 (The Act) was signed into law on December 28th by President Trump. The required leave ended on December 31, 2020.