COVID-19 Relief Extended for Another Year
On February 18, 2022, the President once again extended the national emergency until February 28, 2023.
New Guidance Related to Over-the-Counter COVID-19 Tests
Group health plans and health insurance issuers must provide benefits for certain items and services related to testing for the detection and diagnosis of COVID-19.
IRS Updates Coronavirus-Related Relief FAQs
The IRS recently updated its coronavirus-related relief for retirement plans and IRAs questions and answers (FAQs) for Sec. 2202 of the CARES Act.
IRS Issues Guidance on Funding Relief for Multiemployer DB Plans
The IRS has released Notice 2021-57, providing guidance for multiemployer defined benefit (DB) plans receiving funding relief under the American Rescue Plan Act of 2021.
IRS Provides COBRA Coverage Clarifications
The IRS has issued Notice 2021-58, which clarifies the application of extension under the “Joint Notification of Extensions of Certain Timeframes for Employee Benefit Plans, Participants, and Beneficiaries Affected by the COVID-19 Outbreak”.
Women’s Retirement Protection Act Re-Introduced
Senator Patty Murray (D-WA) and Representative Lauren Underwood (D-IL) have introduced the Women’s Retirement Protection Act of 2021 in their respective chambers.
Relief from Physical Presence Requirement Extended
The IRS again extends temporary relief from physical presence requirement for retirement plan consents.
IRS Clarifies Partial Plan Termination During Pandemic
The IRS released a Q&A on the temporary partial plan termination rules for qualified retirement plans in accordance with the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
President Signs Amended COVID-19 Relief Legislation
President Biden has signed into law the American Rescue Plan Act one day after the House of Representatives voted to pass the amended package.
House Passes Amended COVID-19 Relief Bill
Following Senate passage, the House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
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