Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|IRS Issues Guidance Regarding American Rescue Plan Act COBRA Subsidy|
May 20, 2021
"Despite its length, much of the guidance is not surprising and is a carryover of previous [IRS] guidance related to the COBRA subsidy under the American Recovery and Reinvestment Act of 2009. The Notice comes as plan sponsors and COBRA administrators are gearing up to issue required notices to subsidy eligible individuals under the American Rescue Plan Act (ARPA)."
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