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At the national level, WEB sponsors webinars and offers publications and other resources to its members.
Chapters offer networking events for opportunities to meet face-to-face with other benefits professionals and educational events for opportunities to learn more about employee benefit trends, design, compliance and services.
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Featured Benefits News
The latest updates in trends, best practices and compliance
In litigation involving a construction company's incentive plan that paid bonuses to employees who worked through the completion of a construction project, the Fifth Circuit held that the incentive plan was not an ERISA plan, and therefore there was no federal jurisdiction over the case (Atkins v. CB&I, L.L.C., (5th Cir. Mar. 22, 2021)). Accordingly, the Fifth Circuit vacated and remanded to the district court.
The Internal Revenue Service (IRS) has announced that amounts paid by individuals for certain personal protective equipment (PPE), including masks, sanitizing wipes, and hand sanitizer—for the primary purpose of preventing the spread of COVID-19 (the disease that results from SARS-CoV-2)—are treated as expenses incurred for medical care under Internal Revenue Code Section 213(d) (Announcement 2021-7 (Mar. 26, 2021)). Accordingly, these amounts may be deductible under the Code or reimbursed under health flexible spending arrangements (health FSAs), health reimbursement arrangements (HRAs), health savings accounts (HSAs), or Archer medical savings accounts (Archer MSAs).
The IRS has issued COVID-19-related guidance that extends certain compliance deadlines relating to health savings accounts (HSAs) (Notice 2021-21 (Mar. 29, 2021)). The guidance also extends the deadline by which individuals must file their 2020 federal income tax returns.