2020 Stimulus Bill Brings More Changes To Employee Benefit Plans - Employment and HR
Published in NH Bar News (2/17/2021) On December 27, 2020, President Trump signed into law the COVID-Related Tax Relief Act of 2020, part of H.R. 133, the Consolidated Appropriations Act, 2021, (the “Act”). Although the initial political focus was whether the Act's $600 per individual direct payment was sufficient, the 5,593-page legislation contains numerous provisions that will impact employer sponsored benefit plans for years to come. The Act follows the 2019 SECURE Act and the 2020 CARES Act in making significant changes to the Tax Code and other federal laws impacting benefit plan...
Source: mondaq.com
