Category: Compliance Updates

Stay up to date with benefits regulations and other related regulatory updates.

Changes to the Child Tax Credits in 2021

Beginning July 2021, the advance payments of the enhanced child tax credit (CTC) are set to start. Learn how they may affect you.

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Compliance

Public Employers Now Eligible to Claim Tax Credits for Voluntarily Providing COVID Leave

School districts and other state and local public employers have a tool to mitigate the costs of providing paid sick and family leave due to COVID-19.

How COVID-Related Deadline Extensions Affect Your Employee Benefits Plan

Read more to learn how the COVID-Related Deadline Extensions will affect your employee benefits plan.

Benefit Plan Impacts in the American Rescue Plan Act of 2021

The American Rescue Plan Act of 2021 (ARPA), signed by President Biden on March 11, 2021, provided a third round of COVID-related direct payments.

PFML: What It Is and What Can We Expect

As states across the US are enacting state paid-leave laws, the potential for a federal leave program is on the horizon.

Important Legislative Changes Impacting FSAs and DCAs

Explore the important legislative changes that are impacting FSAs and DCAs.

Compliance Roundup: Recent ACA Decisions and COVID-19 Updates

Explore our latest compliance roundup, including recent ACA decisions and COVID-19 updates.

IRS Announces 2021 HSA Limits, HDHP Guidelines

The IRS announced the new contribution limits for Health Savings Accounts, and guidelines for HSA-Qualified High Deductible Health Plans for 2021.

IRS Okays Mid-Year Changes to Health, FSA and Dependent Care Elections

To assist with the nation’s response to COVID-19, the IRS announced increased flexibility during calendar year 2020 for mid-year election changes.

Highlights of Recent Regulatory Changes

The federal government released several rounds of new guidance relevant to employers’ efforts to maintain compliance with leave laws.

Summary of the Coronavirus Aid, Relief, and Economic Security Act

The CARES act is designed to help stabilize fragile industries and to provide tax credits and loans to businesses to help them retain their workforce.

Over-the-Counter Items & Menstrual Products Now Eligible for Reimbursement

The CARES Act allows over-the-counter drugs and medicines to be reimbursed by FSAs, HRAs, and HSAs without a prescription, as well menstrual products.