Compliance Corner is a bi-weekly update with the latest news and resources on benefits compliance, federal health, healthcare reform and COVID-19. The content in Compliance Corner is produced by our parent company at NFP.
The situation and guidance surrounding the coronavirus (COVID-19) are rapidly evolving on a daily and sometimes hourly basis. While we address current federal and state guidance, we expect that there will be additional changes in the coming days and weeks. We will do our best to update you on these developments, but please understand that this publication only reflects the guidance we’ve received to date.
Employers should consult with their counsel and plan advisors to remain abreast of all compliance obligations.
Announcements and Reminders
July’s Get Wise Wednesday Webinar – Parting is Such Sweet Sorrow: Leaves of Absence and Benefits Compliance Considerations
Join us as we discuss various leaves of absence and their impact on benefits administration. We will discuss topics such as benefit eligibility, contributions, and COBRA applicability. In addition, we will review considerations under the Affordable Care Act (ACA), Family and Medical Leave Act (FMLA), emergency paid sick leave (EPSL)/expanded FMLA (EFMLA), Section 125, and state law. By the end of the presentation, participants should have a better understanding of benefits compliance issues that are implicated with administering leaves of absence.
July 21, 2021
3:00 to 4:00 p.m. ET
Reminder: Form 5500 Filing for Calendar Year Plans Due July 31
Reminder: PCOR Fee, Form 720 Filing Due July 31
Frequently Asked Question
Are employers required to collect attestation forms from individuals who are eligible for the ARPA COBRA premium assistance in order to apply for and obtain the tax credit?
Learn the Answer
COVID-19-Related Benefits Compliance Resources Available »
Supreme Court Rules that ACA Challengers Lacked Standing »
IRS Issues FAQs Regarding Tax Credits for Leave Under ARPA »
DOL Confirms that Call Recordings Subject to Claims Requirements »
IRS Issues Final Regulations Governing Deadline Extensions Due to Disasters »
GAO Issues Report on ERISA Enforcement Efforts »
IRS Updates Funding Deficiencies Strategy »