DOL Issues Additional Guidance Regarding the Duration of Previously Announced Deadline Extensions

On February 26, 2021, the DOL issued guidance regarding the impact of that statutory limitation on the previously announced deadline extensions, in EBSA Disaster Relief Notice 2021-01.

Disaster Relief Notice 2021-01, in essence, provides that the one-year statutory limitation on the Agencies’ ability to extend deadlines should be applied separately for each participant and each event triggering a deadline that is subject to extension under the April 28, 2020 guidance, rather than to all events taken together with a single end date for applicable deadline extensions.

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