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January 2021 Benefits News

Plop, Plop, Fizz, Fizz, Oh, what a Relief it Is!

Sherrie Boutwell

The Consolidated Appropriations Act 2021 (the “CAA”) was signed into law on December 27, 2020 and provides, among many other things, a variety of relief measures for employee benefit plans, particularly health and welfare plans. Due to the numerous changes in the CAA, we wanted to provide a high-level overview of the multitude of employee benefits provisions, but fear not, we will delve into some of the provisions in more depth in future editions of our newsletter, starting with more detail on FSA changes next month. Provisions of the new law that may require immediate action are noted below

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