Cafeteria Plan Changes Due to COVID-19


On May 12, 2020, in response to the COVID-19 pandemic, the Internal Revenue Service (“IRS”) issued two notices, Notice 2020-29 and Notice 2020-33, providing relief and guidance to employers sponsoring Section 125 cafeteria plans, health flexible spending accounts, dependent care assistance programs, and qualified high deductible health plans.   Notice 2020-29 provides increased flexibility for cafeteria [...]

Cafeteria Plan Changes Due to COVID-192020-05-27T19:06:17+00:00

Determining Self-Funded Plan Costs for PPP Loan Forgiveness


The CARES Act, which was signed into law on March 27th, 2020, provides for Small Business Loans called the Paycheck Protection Program. These loans, later supplemented by the Paycheck Protection Program and Healthcare Enhancement Act, provide for up to $10M in forgivable loans to small businesses. Paycheck Protection Loans (PPL): In order to apply for [...]

Determining Self-Funded Plan Costs for PPP Loan Forgiveness2020-05-04T19:08:29+00:00

The CARES Act Impact on Employee Benefit Plans


CARES Act Employee Benefit Impact High Deductible Health Plans payment for tele-health. Effective immediately, the CARES Act creates a temporary safe harbor allowing HDHPs to cover telehealth services and other remote care without cost to plan members before plan members’ deductibles are met. This temporary safe harbor applies to all HDHPs, including those with plan members using [...]

The CARES Act Impact on Employee Benefit Plans2020-04-09T18:08:55+00:00
Go to Top