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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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New Guidance Provides Relief and Extension of Deadlines to Employee Benefit Plans, Participants and Service Providers
Reinhart Boerner Van Deuren s.c. [Guidance Overview] May 4, 2020 "As of the date of publication, the national emergency will expire July 25, 2020, meaning the Outbreak Period would be March 1, 2020 to September 23, 2020. Thus, for example, an employee who previously declined group health plan coverage and had a baby on March 27, 2020, would have until October 23, 2020, to enroll herself and her child in coverage. Similarly, a participant who loses group health plan coverage and receives a COBRA election notice on May 1, 2020, would have until November 22, 2020, to elect COBRA." |
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