Since the spread of the coronavirus began to curtail business operations in March, many employers have been looking for ways to reduce their operating expenses. Among those options considered most frequently has been a suspension or reduction in employer contributions...
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Houston Harbaugh
Employee Benefits
MODEL NOTICE TO PARTICIPANTS REGARDING CARES ACT RETIREMENT PLAN DISTRIBUTION AND LOAN RULES:
As described in more detail in our recent bulletin, the Coronavirus, Aid, Relief and Economic Security Act (CARES Act) provides expanded retirement plan distribution and loan opportunities for plan participants affected by the coronavirus. While these changes will...
CARES ACT PROVISIONS AFFECTING RETIREMENT PLANS:
On March 27, 2020, President Trump signed the Coronavirus, Aid, Relief and Economic Security Act (CARES Act) into law. The $2 trillion stimulus law covers many aspects of the U.S. economy, but some of the most important are those affecting retirement plans, as...
Reminder of Annual QSEHRA Notice Requirement 2018
The law governing Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) requires that a written notice of the availability of the QSEHRA be provided to each eligible employee at least 90 days before the beginning of each year. While special rules for...
