Employee Benefits and Health Insurance Provisions Are Injected Into New COVID-Relief Legislation | Dechert LLP
To embed, copy and paste the code into your website or blog: The Consolidated Appropriations Act, 2021 (the “Act”) was signed by the President on December 27, 2020, to provide additional COVID-related relief. The Act has a number of provisions that are relevant to retirement plans, health and welfare plans and health insurance as discussed below. I. TAX-QUALIFIED RETIREMENT PLANS A. Use of Retirement Funds for Disaster Mitigation (Act, Division EE, § 302) Taking a similar approach as was done under the Coronavirus Aid, Relief and Economic Security Act (t...
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