Archived Insight | March 8, 2021

The American Rescue Plan Act of 2021 and Plan Sponsors

The Senate has passed its version of the American Rescue Plan Act of 2021, which includes a number of important provisions to sponsors of health, welfare and retirement plans. The House has resolved the differences between its earlier-passed version and the Senate version. The final bill is on its way to President Biden for signature into law.

In the legislation is single-employer and multiemployer pension relief, language creating a program through the PBGC to provide financial assistance to troubled multiemployer plans and a newly created 100% COBRA subsidy program. Given the potentially far-reaching scope of the Act’s provisions, plan sponsors will want to learn more about the practical effect of key provisions.

This webinar replay features our panel – David Brenner, Segal’s National Director of Multiemployer Consulting; Senior Compliance Consultants Beth Bangert and Julia Zuckerman; and Regional Retirement Practice Leader Jason Russell – for a presentation and discussion including opportunities for submitting and answering questions.

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New Requirements for Breast and Cervical Cancer Screening

Our insight outlines what group health plan sponsors need to know to comply with these preventive care updates.

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Top 10 Compliance Checks to Simplify Annuity Fund Oversight

Our handy tool makes it easy for trustees and multiemployer annuity (DC) fund plan administrators to stay on top of critical compliance steps.

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.