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How Is Participant"s COVID Distribution Treated When Employer Does Not Choose Covid Treatment? episode artwork

EPISODE · Jun 22, 2020 · 9 MIN

How Is Participant"s COVID Distribution Treated When Employer Does Not Choose Covid Treatment?

from Business of Benefits · host Bob and Conni Toth

What I thought may be useful to discuss is what happens when an employer chooses NOT to offer the CRD relief under the CARES Act. A surprising number of employers have taken this approach. But the employer's decision is not the final word on this matter, because the statute grants participants specific tax befits regardless of the sponsor's choice. So what does this actually mean for participants?

What this episode covers

What I thought may be useful to discuss is what happens when an employer chooses NOT to offer the CRD relief under the CARES Act. A surprising number of employers have taken this approach. But the employer's decision is not the final word on this matter, because the statute grants participants specific tax befits regardless of the sponsor's choice. So what does this actually mean for participants?

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How Is Participant"s COVID Distribution Treated When Employer Does Not Choose Covid Treatment?

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Frequently Asked Questions

How long is this episode of Business of Benefits?

This episode is 9 minutes long.

When was this Business of Benefits episode published?

This episode was published on June 22, 2020.

What is this episode about?

What I thought may be useful to discuss is what happens when an employer chooses NOT to offer the CRD relief under the CARES Act. A surprising number of employers have taken this approach. But the employer's decision is not the final word on this...

Can I download this Business of Benefits episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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