tax credit

SECURE Act Guidance: What DC Plan Sponsors Need to Know

SECURE Act Guidance: What DC Plan Sponsors Need to Know

Kathy Bergstrom, CEBS
 

Federal agencies, including the Internal Revenue Service (IRS) and Department of Labor (DOL), have been busy issuing guidance on some of the more complex provisions of the Setting Every Community Up for Retirement Enhancement (SECURE) Act since it was signed into law […]

Important FFCRA Leave Updates for Employers in the American Rescue Plan Act

Important FFCRA Leave Updates for Employers in the American Rescue Plan Act

Amanda Wilke, CEBS
 

Here we go again: yet another new relief bill sends employers heads spinning. On March 11, 2021, the American Rescue Plan Act of 2021 (ARPA) was signed into law. Among the many changes, ARPA extends the timeframe for employers to receive tax […]

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, CEBS
 

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 […]