Mar 30, 2021 | SML Planning Minute Podcast, COVID 19 Information, Company News
Episode 119 – Don’t confuse Qualified Disaster Distributions (QDDs) with Coronavirus-Related Distributions (CRDs), which ended in 2020. A QDD is available only for non-COVID-19-related major disasters, such as hurricanes, wildfires, severe storms and other disasters. Learn more here, including the qualifications required to take a QDD.
Mar 23, 2021 | SML Planning Minute Podcast, COVID 19 Information, Company News
Part 2: Episode 118 – The details of the American Rescue Plan Act of 2021 are complicated. Here’s a summary of the provisions related to Unemployment Assistance, Health Insurance, Earned Income Tax Credit, and Rent and Mortgage Payments.
Mar 16, 2021 | SML Planning Minute Podcast, COVID 19 Information, Company News
Episode 117 – On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”), fulfilling one of his campaign pledges to provide additional COVID-19 pandemic relief. Because ARPA was just enacted and there are numerous provisions, we will need to wait for future guidance issued by the IRS and Department of Treasury.
Mar 9, 2021 | SML Planning Minute Podcast, COVID 19 Information, Company News
Episode 116 – 2020 was undoubtedly a very difficult year for many small-business owners struggling to keep their businesses afloat while their businesses were forced to close or limit operations as a result of government mandates attempting to slow or stop the spread of the coronavirus.
Dec 28, 2020 | COVID 19 Information, Company News
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021. Here is a brief summary of some of its provisions, including additional stimulus payments and unemployment benefits.
Dec 4, 2020 | COVID 19 Information, Company News
What Plan Sponsors Need to be Aware of During this Health Crisis The COVID-19 health crisis is causing significant economic disruption. No doubt employers are expecting to confront challenges related to their business operations, including their employer-sponsored...