COBRA Provisions Q&A and IRS Form 941
2009-02/27 Mary Ellen Schill

Yesterday we issued a client e-alert regarding the COBRA provisions in the American Recovery and Reinvestment Act of 2009 ("ARRA"). The IRS was busy yesterday as well, issuing Q&As about those COBRA provisions, as well as a revised IRS Form 941. The updated Form 941 is the means by which employers are able to claim reimbursement for the COBRA subsidies provided to "assistance eligible individuals."

The Q&As provide welcome details on the new COBRA rules, especially the reimbursement process for employers.

The IRS Q&A's can be found at http://www.irs.gov/newsroom/article/0,,id=204708,00.html

The updated Form 941 can be found at http://www.irs.gov/pub/irs-pdf/f941.pdf

Not to be caught flat footed, the Department of Labor also has posted assistance to employers on its website. Information includes a COBRA Premium Reduction Fact Sheet, sample Job Loss Posters, and updated FAQs for both employees and employers. The DOL updated website information can be found at http://www.dol.gov/ebsa/COBRA.html.

Please contact Attorney Mary Ellen Schill at (715) 845-4336 with any questions you have concerning this e-alert or the COBRA provisions in ARRA.

© 2009 Ruder Ware, L.L.S.C. Accurate reproduction with acknowledgment granted. All rights reserved.
This document provides information of a general nature regarding legislative or other legal developments. None of the information contained herein is intended as legal advice or opinion relative to specific matters, facts, situations, or issues, and additional facts and information or future developments may affect the subjects addressed.