AssuredPartners

MAY 28, 2021

Under ARPA, COBRA administrators and Plan Sponsors are required to provide notices to Assistance Eligible Individuals (AEIs) so this fresh guidance arrives in the midst of those deadlines.

Taxes 40

Taxes Insurance Health Insurance Government 40

Proskauer's Employee Benefits & Executive Compensa

JULY 26, 2021

Over the last few months, employers and plan administrators have concentrated on identifying qualifying individuals eligible for COBRA premium assistance under the American Rescue Plan Act of 2021 (“ARP”), sending out proper notices , and collecting election forms. This subsidy is implemented by a tax credit mechanism.

Taxes 40

Taxes Payroll Employment Insurance 40

CorpStrat

APRIL 30, 2021

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021, or ARPA. Today, we’ll break down how ARPA will affect employers specifically when it comes to the COBRA Premium Subsidy. Who qualifies for the COBRA Premium Subsidy? Will AEIs be responsible for COBRA taxes?

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AssuredPartners

MARCH 12, 2021

trillion relief bill commonly referred to as The American Rescue Plan Act of 2021 (ARPA) into law. ( Overall, the bill will provide relief in many forms, including but not limited to, direct stimulus payments to eligible recipients, unemployment assistance, aid for small businesses, and child tax credits. PDF Link here).

Health and Welfare 40

Health and Welfare Flexible Spending Account Taxes Payroll 40

AssuredPartners

FEBRUARY 2, 2023

Impact With respect to the Outbreak period, this means that the clock will still run for one year from the date an individual was first eligible for relief, but all Outbreak Period relief will end as July 10, 2023 (60 days after the May 11 expiration date.) Fred’s COBRA Election Notice was dated April 15, 2022.

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Employment Medical Management Employee Benefits 52

Benefits Notes

MARCH 31, 2021

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. Subsidized COBRA. The ARPA contains several new rules which impact COBRA benefits. Below is a summary of the ARPA’s COBRA subsidy provisions. Individuals Eligible to Receive Subsidy.

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Family and Medical Leave Act Employee Benefits Taxes Pension 40

Business Management Daily

MARCH 15, 2021

On Thursday, 3/11 President Biden signed the American Rescue Plan Act of 2021 (H.R. A requirement for employers to subsidize COBRA and a payroll tax credit for doing so. A temporary expansion of the tax-free amount employees can contribute to dependent care assistance programs. COBRA subsidies.

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