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If employee benefits compliance doesn't sound fun to you, then you haven't listened to ERISA is a friend of mine, a podcast hosted by the Compliance Services professionals from Lockton. Join hosts Edward Fensholt, J.D., director of Compliance Services, and Scott Behrens, J.D., director of Government Relations, to learn the intricacies of the Employee Retirement Income Security Act (ERISA) and other employee benefits laws, one hilarious topic at a time. 

 

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  2. Snake bit: More on the ARPA COBRA subsidies and how employers grab their tax credits

Snake bit: More on the ARPA COBRA subsidies and how employers grab their tax credits

Jun 21, 2021

Hey everybody, the IRS is a little late to ARPA COBRA subsidy party, but it brought tacos! In this season-ending episode of ERISA is a friend of mine, Ed and Scott take us page-by-page through the IRS’s 41 pages of 86 FAQs on how the ARPA COBRA subsidy works. Well, not really … they break it down a little more briefly than that. Join us for this episode where the boys explain:

  • Who is eligible for ARPA subsidies, and who is not?
  • Can Ed make the podcast’s “lightning rounds” slower than they already are?
  • Why is Ed giving the IRS props for offering guidance to the ARPA scheme, even though we’re already nearly three months into the six-month ARPA subsidy window?
  • What are the three pieces of good news the IRS offered up about the ARPA “second bite at the COBRA apple”?
  • What should Scott learn – and quickly – about severance agreements?
  • When and how does the employer claim tax credits for fronting ARPA COBRA subsidies?

For more on the ARPA COBRA subsidies, see our recent alert and webcast (password: Lockton.1) on the IRS guidance.