On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (“ARPA”) into law. The overall purpose of the bill is to provide relief from the economic impacts of the COVID-19 pandemic. As the fifth round of COVID relief, ARPA is a sprawling bill which impacts many employer-provided benefits, including a large bail-out of multiemployer pension plans, changes to COBRA premium assistance, increased support for ACA premiums, paid sick and family leave credits, dependent care assistance, and section 162(m) changes, among others.
Willy Loman never did understand that there was more to success than being liked.
A couple of years ago I was asked to give a talk on networking. I asked the organizer, why me? I believe networking as taught by many business gurus and commonly practiced in today’s marketplace is little more than professional panhandling. She snapped back, that’s exactly why we want you to give the talk.
I was talking to Tony DiBarnaba the other day about the company he founded 20 years ago. Benefit Resource employs 100 in a new, 30,000-square-foot corporate headquarters in Henrietta. Benefit Resource pioneered, and is a leading provider of, company-sponsored tax advantage commuter and health plans using debit cards. In addition to the corporate headquarters, it has offices in New York, Boston, Chicago and San Francisco. DiBarnaba told me that more than 75 percent of his of his business, and most of its growth, is from outside of Rochester.