Nicholle Peterson was recently promoted to Senior Employee Benefits Administrator. She joined CDSA in 2018. Prior to CDSA, she worked in client service and as … [Read more...]
New Coronavirus Relief Provisions for Cafeteria Plans
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (“CAA”) bill including new provisions for Cafeteria … [Read more...]
COBRA in the time of COVID-19
COBRA in the time of COVID-19 COBRA compliance requires extra attention right now. Regulatory agencies have extended certain COBRA deadlines due to the … [Read more...]
Contribution Limits 2021
In 2021, several of the Cafeteria Plan and Retirement Plan annual limits are increasing. Check out the new limits below! Annual … [Read more...]
COVID-19 Firm Update
Covid-19 Firm Update: CDS, CDSA, and CDS Financial Services are available for in-office appointments starting Monday, June 8. Please contact your employee … [Read more...]
CARES Act – Special Rules for Retirement Accounts
Section 2202. Tax Favored Withdrawals from Retirement Plans The Coronavirus Aid, Relief, and Economic Security (CARES) Act allows participants to receive up to … [Read more...]
OTC Medication, Menstrual Care Products and Telehealth Now Reimbursable
Over-the-Counter (OTC) Medicines and Menstrual Products The Coronavirus Aid Relief and Security (CARES Act) allows consumers to purchase over the counter (OTC) … [Read more...]
Flex Spending Account, DCAP, HSA, HRA, QSEHRA Election Changes
This article was last updated on 4-2-20 at 11 am. Flex Spending Account (FSA and Limited FSA) Election Changes Here is the most up-to-date information on … [Read more...]
COVID-19 Firm Update
This article was updated 3-27-20 at 10 am. Stay At Home Order for the State of Minnesota On Wednesday, March 25, 2020, Governor Walz issued a Stay At Home … [Read more...]
COVID-19 Resources
Check out these resources on COVID-19 The COVID-19 resources below are intended to provide you the information you need to make more informed decisions—but you … [Read more...]