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The American Rescue Plan Act (ARPA) provides a 100 percent COBRA subsidy to eligible individuals from April 1, 2021, through September 30, 2021 (Assistance Period). Eligible individuals pay nothing, and employers receive a tax credit through quarterly payroll tax returns. There are no financial restrictions regarding eligibility.
Employers subject to COBRA must act soon to compile lists of eligible individuals and comply with notice requirements to inform those eligible of the right to the subsidy (by May 31, 2021) and later that the subsidy is coming to an end. In addition, employers must understand the interplay of COBRA tolling relief (see our previous advisory).
Google Doodle feiert den St Patrick s Day
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