Posts by Jeremy Higgins

Everything You Need to Know About ARP Cobra Subsidy

The Consolidated Omnibus Budget Reconciliation Act (COBRA) health insurance program allows eligible employees and their dependents to continue receiving health insurance coverage benefits if they experience reduced work hours or lose their job.   In March 2021, President Biden signed the American Rescue Plan Act (ARPA) of 2021 into law. This Act has a provision that…

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NYS Paid Sick Leave vs NYS Paid Family Leave

On April 3, 2020, the New York State passed a new paid sick leave policy as part of the 2020-2021 state’s budget. This policy which took effect onSeptember 30, 2020, provides for varying amounts of sick leave depending on the employer’s size and net income.  Besides, the employee can resume their job position and earn…

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Flexible Spending Accounts 101: Pros and Cons of an FSA

Employees are always looking for ways to reduce their tax burden and pay for medical expenses. On the other hand, employers want to attract and retain top talent. A flexible spending account (FSA) is often a win-win scenario for both parties. Let’s talk about what FSAs are, what employees and employers should know, and some…

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