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The American Rescue Plan (ARP) Act of 2021

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Richard Rausser By Richard Rausser

The breakneck pace of enacting and/or amending federal legislation and regulations in 2020 is back in full force with the passage of the American Rescue Plan (ARP) Act of 2021.

ARP is the federal government’s latest economic stimulus package and the first under President Biden. 

Key Items

  • Defined Benefit Single Employer Plan Funding Relief 
  • Defined Benefit Multiemployer Plan Funding Relief
  • Impacts to Defined Contribution Plans
  • Update on The Securing a Strong Retirement Act of 2020 (SSRA)

Author

Richard Rausser
Richard Rausser

Richard W. Rausser has more than 30 years of experience in the retirement benefits industry. He is Senior Vice President of Client Services at Pentegra, a leading provider of retirement plan and  fiduciary outsourcing to organizations nationwide. Rausser oversees consulting, BOLI and non-qualified business development and actuarial service practice groups at Pentegra. He is a frequent speaker on retirement benefit topics; a Certified Pension Consultant (CPC); a Qualified Pension Administrator (QPA); a Qualified 401(k) Administrator (QKA); and a member of the American Society of Pension Professionals and Actuaries (ASPPA). He holds an M.B.A. in Finance from Fairleigh Dickinson University and a B.A. in Economics and Business Administration from Ursinus College.