ARPA Spotlight: FFCRA Paid Leave Credits

President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law on March 11, 2021. It provides an estimated $1.9 trillion in stimulus to aid COVID-19 recovery efforts. Included in the Act are many provisions intended to support both individuals and businesses. Here, we highlight FFCRA Paid Leave Credits:

ARPA also serves to extend tax credits for employer-provided paid sick leave (first created under the FFCRA, September 30, 2020). This further increases wages covered by the FFCRA to $12,000 per worker (and increase of $2,000). It covers as many as 60 days of paid family leave for self-employed workers (10 more) and keeps employers from receiving credits should their paid leave favor highly compensated employees, full-time workers or employees based on tenure.

About HRWS

HR Workplace Services, Inc. (HRWS) partners with the nation’s top insurance brokers and agencies providing their clients with best-in-class services for support and HR concerns, compliance and technology. HRWS operates in all 50 States and in over 25 different countries, serving organizations from three to 200,000 employees in 545 SIC Codes.

If you have questions about HRWS, call or email us directly or ask your insurance broker about us.

P: 866-691-7757

The information contained in this article is intended for educational purposes and to provide a general understanding of regulatory events, legislative changes and the law – not to provide specific legal advice.