On his first day in office, President Joe Biden issued an executive order pausing federal student loan payments. HR students and emerging HR professionals are closely monitoring the situation as the president and Congress consider further, permanent action to alleviate student debt.
President Joe Biden signed an executive order on Jan. 28, 2021, that directs federal agencies to reconsider rules and other policies that limit Americans’ access to health care, such as by allowing less-comprehensive coverage under alternatives to Affordable Care Act (ACA) compliant plans.
The Consolidated Appropriations Act allows participants to roll over all unused amounts in their health and dependent care flexible spending accounts (FSAs) from 2020 to 2021 and from 2021 to 2022. Employers can also allow employees to change their health or dependent care FSA contribution rates during 2021.
In a comment letter to the Department of Labor (DOL), the Society for Human Resource Management highlighted the challenges and frustrations that HR professionals say they confront as they comply with the Family and Medical Leave Act (FMLA), and recommended regulatory changes to address these issues.