Corporate COVID-19 News
Relief Provided for Flexible Spending Account Plans in Stimulus Bill
Posted on: 1/5/2021 9:00 AM
On December 27, 2020, the President signed the Consolidated Appropriations Act for 2021. This new law provides relief options related to Flexible Spending Accounts (FSAs). As an Employer, you can choose to adopt any of these provisions or to keep your plan the same.… Read More
Retirement News
Setting Every Community Up for Retirement Enhancement (SECURE) Act
Posted on: 2/20/2020 4:21 PM
On December 20th, 2019, the Secure Act was signed into Law, a bill to help employers implement retirement plans for their employees. Please find below some of the many changes, affecting qualified retirement plans, brought about with this bill:• Increase of tax credit limit for small employer pension plan start-up costs: Existing tax credit of $500 for a plan’s start-up costs has been increased to as much as $5,000 per year for the first three years, encouraging small employers to adopt plans.… Read More
Regulatory News
Relief Provided for Flexible Spending Account Plans in Stimulus Bill
Posted on: 1/5/2021 9:00 AM
On December 27, 2020, the President signed the Consolidated Appropriations Act for 2021. This new law provides relief options related to Flexible Spending Accounts (FSAs). As an Employer, you can choose to adopt any of these provisions or to keep your plan the same.… Read More