Congress Passes the American Rescue Plan Act

The American Rescue Plan Act (ARPA) officially went into effect on March 11, 2021. The 3rd stimulus package of $1.9 trillion includes several health and welfare benefits-related provisions relevant to employers and plan sponsors. Highlights include:

  • FFCRA Paid Leave Extended and Enhanced 

  • Dependent Care Assistance Program Limit Increase

  • Temporary Premium Tax Credit Enhancements 

  • COBRA Subsidy 

To read more about the implications of the ARPA on employers and business owners, download the detailed update.

Download Client Alert