2020 Taxes: Did You Take a Coronavirus-Related Distribution from your 401(k)?
IMPORTANT! If you received a “coronavirus-related distribution” from your 401(k) plan during 2020, don’t forget to report this on your 2020 Federal income tax return! […]
Coronavirus-Related Distributions Quickly Coming To An End
IRS RELEASES DRAFT FORM 8915-E IMPORTANT! The CARES Act provisions regarding “coronavirus-related distributions” are currently set to expire on December 31, 2020. Therefore, participants who […]
New Regulations for Coverage of COVID-19 Vaccines
On November 6, 2020, the Departments of Health and Human Services, Treasury, and Labor (the Departments) issued new regulations under the CARES Act regarding the […]
Time Is Running Out for Expanded 401(k) Loans Under CARES Act
URGENT! The expanded 401(k) plan loan provisions included in the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act are quickly coming to an end! The […]
IRS Issues Q&As Under CARES Act on COVID-19 Related 401(k) Plan Distributions and Loans
On May 4, 2020, the Internal Revenue Service (“IRS”) issued Q&As under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, providing guidance to 401(k) […]
HIPAA Reminders during COVID-19
From our home offices to yours, ComplianceDashboard wishes you safety & sanity during these crazy times! Benefit plan sponsors and managers may be feeling the […]
401(k) Plans in the Age of COVID-19 – Hardship Withdrawals, Loans, Contributions, and Other Issues
In the midst of the global health crisis generally known as the “Coronavirus” or “COVID-19,” employers and employees alike are faced with challenges that would […]
Families First Coronavirus Response Act, Impact on Employers
In response to the coronavirus disease (COVID-19), the Families First Coronavirus Response Act (the Act or FFCRA) was passed by Congress and signed into law […]