SSG Insights | Week of March 18th, 2022
COVID-19 National Emergency Extended,
Deadline Relief Continues
On Feb. 18, 2022, President Biden announced an extension of the National Emergency concerning COVID-19, which impacts the tolling of deadlines related to HIPAA special enrollment, COBRA continuation coverage and other employee benefit plan deadlines. This SSG Compliance Advisor explains further.
Generational Myth's Part 3: Gen X
This SSG Insight is Part 3 in our Generational Myths Series and uncovers the the top three myths about the smallest generational group, born between 1965 and 1980: Generation X.
DOL Issues Guidance on 401(k) Plan
Investments in “Cryptocurrencies“
On March 10, 2022, the U.S. Department of Labor (DOL) issued Compliance Assistance Release No. 2022-01 cautioning plan fiduciaries to exercise extreme care before considering adding a cryptocurrency option to a 401(k) plan’s investment menu for plan participants. This SSG Advisor explains further.
Surging Gas Prices Take a Bigger Bite
Out of Workers' Wages
As gas prices hit record levels in the U.S., many low- and moderate-income workers are finding that their wages no longer cover basic expenses. Some say they may not be able to afford driving to their worksite much longer.
SHRM Online has gathered articles that look at how employees are dealing with surging fuel costs.