Viewing posts from: April 2009

Crawford Advisors Offers Summary of the IRS' 58 Questions

Posted April 24, 2009 by admin

More from the IRS – Crawford Advisors offers a quick summary of the rest of the IRS’ 58 questions and answers

COBRA shorthand: AEIs (Assistance Eligible Indivduals), QB (Qualified Beneficiaries), QE (COBRA Qualifying Events), ER (Employers), EE (Employees).

10. AEIs are defined, again.

11. Invol. Terms before 9/1/08 cannot be AEIs.

12. Invol. Terms before 9/1/08 that did not lose coverage until after 9/1/08 are not AEIs.

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IRS Defines "Involuntary Termination" as it Relates to COBRA

Posted April 23, 2009 by admin

IRS defines “Involuntary Termination” as it relates to the COBRA Subsidy under ARRA – IRS Notice 2009-27

With the release of IRS Notice 2009-27, employers now have additional clarity regarding what the definition of “involuntary termination” means for purposes of determining whether a former employee is an AEI (Assistance Eligible Individual) under ARRA. Some key points from the Questions & Answers numbers 1-9 are listed below. [ER is short for Employer and Employee is short for EE].

The IRS considers the following to be “involuntary terminations” and therefore subsidy eligible:

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