U.S.

American Rescue Plan Act of 2021 and COBRA Subsidies

American Rescue Plan Act of 2021 and COBRA Subsidies

Anne Newhouse
 

The American Rescue Plan Act of 2021 (ARPA) passed by Congress and signed by President Biden on March 11, 2021 contains various employee benefits provisions, including premium assistance for participants of group health plans through the Consolidated Omnibus Budget Reconciliation Act of […]

How the American Rescue Plan Act of 2021 Impacts Dependent Care Assistance Programs

How the American Rescue Plan Act of 2021 Impacts Dependent Care Assistance Programs

Anne Newhouse
 

The American Rescue Plan Act of 2021 includes an optional (but not required) temporary change for the calendar year of 2021 to increase the maximum pretax contribution limit from $5,000 to $10,500 for dependent care assistance programs (DCAPs). For individuals who are […]

Encourage Inclusivity and Flexibility With Proactive Employee Benefits

Encourage Inclusivity and Flexibility With Proactive Employee Benefits

Julie Stich, CEBS
 

The pandemic has brought new workforce situations requiring new solutions to the forefront of our daily lives. Innovative and proactive employee benefits can answer some of these current challenges. We’re all familiar with “core” benefits like health insurance, retirement plans, paid time […]

Mental Health for Essential Workers: Best Practices From an LA Fire Captain

Mental Health for Essential Workers: Best Practices From an LA Fire Captain

Anne Patterson
 

If you’re a regular Talking Benefits listener, you know we’ve frequently covered the topic of mental well-being. This is because of the significant impact this issue has throughout our country and, in turn, throughout our workplaces and employee benefit plans. Mental health […]

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

What the American Rescue Plan Act Means for Financially Troubled Multiemployer Pension Plans

Jenny Gartman, CEBS
 

Listen to this post here. After years of debate on the topic of funding relief for multiemployer pension funds, Congress acted this week with the passage of the American Rescue Plan Act of 2021 (Rescue Plan)—likely one of the most significant pieces […]

The State of Defined Contribution Retirement Plans in 2021

The State of Defined Contribution Retirement Plans in 2021

Justin Held, CEBS
 

The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S. workforce. The International Foundation’s 2020 Employee Benefits Survey showed that 87% of […]