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New Year, New Rates for CA EDD Benefits and Under the San Francisco Paid Family Leave Ordinance

USA - January 5 2021 The California Employment Development Department (EDD) has released the Voluntary Plan Employee Contribution and Benefit Rates for 2021. Employers…

Cepideh Roufougar.

IRS Provides Further COVID-19 Relief Related to Postponed Deadlines for Time Sensitive Actions

USA - June 2 2020 On May 28, 2020, the Internal Revenue Service (IRS) released an advanced version of Notice 2020-35, which amplifies the relief it had previously…

The Final Regulations For 401(k)/403(b) Hardship Distributions

USA - September 30 2019 On September 23, 2019, the Treasury Department and IRS published final regulations for hardship distributions from both 401(k) and 403(b) plans (the…