New COVID-19 Bill Yields Relief for Benefits in 2020 and Beyond | Davis Wright Tremaine LLP
To embed, copy and paste the code into your website or blog: On December 27, 2020, President Trump signed into law an additional COVID-19 relief bill, attached to the Consolidated Appropriations Act of 2021, and intended to provide economic assistance to Americans impacted by COVID-19, as well as continued funding for the federal government. However, it also contains a surprising number of provisions relating to employee benefits which are summarized in this advisory. FSA and Dependent Care Account Relief Background The general rule is that Flexible Spending Accounts (FSA) and Dependent Care ...
Source: jdsupra.com