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Employee Benefits

The CARES Act: Changes Posed to Health Plans and HSAs

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides financial relief to employees facing economic hardships as a result of the pandemic.  Below are provisions applicable to health plans and health savings accounts.

Exemption for Telehealth Services

For plan years beginning on…

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COVID-19 and Partial Plan Terminations

In this ever-changing economy due to COVID-19, we are receiving many questions regarding layoffs, furloughs and terminations of employment and how they impact the company’s qualified retirement plan.

What is a partial plan termination?

  • In general, if 20 percent or more of your employees terminate due…

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