Day: May 12, 2020

Furloughs and Layoffs During the Economic Impact of COVID-19

Leave a Comment / Compliance Alerts / By HR Services

Due to the economic impact of COVID-19 companies have implemented, or are considering implementing, measures to ensure the financial liability of their organization. The current situation has impacted businesses, and as a result many are exploring options to help their employees during this uncertain time.

IRS Relaxes Cafeteria Plan Rules for COVID-19 and Increases Health FSA Carryover to $550

Leave a Comment / Compliance Alerts / By Employee Benefits

Coming shortly on the heels of major HIPAA, COBRA, and ERISA timeframe relief, today the IRS issued two landmark pieces of Section 125 cafeteria plan guidance. Learn more here.