COVID-19 Updates
BPAS is committed to helping you stay informed about updates related to COVID-19 and the Coronavirus Aid, Relief, and. Economic Security (CARES) Act. Be sure to check back for updates as they become available.
CARES Act Updates
-
CARES Act FAQ – a compiled list of plan sponsor questions related to loan and distribution provisions
-
The CARES Act: What You Need to Know About Participant Loans and Distributions – 4/1/2020 plan sponsor communication
-
The CARES Act: What You Need to Know About Your VEBA HRA, FSA, and HSA – 4/2/2020 communication
-
CARES Act 2020: Paycheck Protection Loans as Funding for Defined Benefit Pension Plans Sponsored by Small Businesses – 4/16/2020 blog
-
CARES Act 2020: Coronavirus Aid, Relief, and Economic Security Act Defined Benefit Plan Update – 4/2/2020 blog
IRS/DoL Updates
-
IRA and the DoL Additional Relief Guidance for FSAs, HRAs, and HSAs – 5/18/2020 communication
-
IRS/DoL Relief Guidance for FSAs and HRAs – 5/6/2020 communication
-
IRS Issues COVID-19 Guidance – 3/11/2020 blog
-
IRS information and updates on COVID-19 relief
General COVID-19 Updates
-
Plan Deadlines Extended During the COVID-19 Outbreak – 5/8/2020 blog
-
Health Plan Coverage and Leave Benefits Mandated by the Federal Coronavirus Act – 3/25/2020 blog
-
Worried about Funding your Pension Plan? There are Options. – 3/23/2020 blog
-
BPAS COVID-19 Statement
Updated: 5/8/2020