ERISA litigation tends to spike when economic uncertainty or turmoil rises. Although many things contribute to this historically verifiable trend, it is easiest for employers to think about just two of them. First, an...more
9/4/2020
/ 401k ,
Capital Investments ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Department of Labor (DOL) ,
Disclosure ,
EBSA ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employee Stock Purchase Plans ,
ESOP ,
Healthcare ,
Multiemployer Plan ,
Retirement Plan ,
Vendors
The Coronavirus Aid, Relief, and Economic Security Act contains several forms of relief for plan sponsors and participants in employee benefit plans, as well a few additional plan obligations. Significant items in the CARES...more
The Internal Revenue Service recently issued Notice 2020-18, which delays the federal income tax filing and payment deadlines for individuals, corporations, and others from April 15 to July 15. In a Q&A related to the Notice,...more
In light of the current COVID-19 health care crisis, employers are considering numerous options in the face of closed businesses and reduced income. These considerations include reducing employee work hours, furloughing...more
3/25/2020
/ Benefit Plan Sponsors ,
Business Interruption ,
COBRA ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employer Group Health Plans ,
Furloughs ,
Health Insurance ,
Health Plan Sponsors ,
Hiring & Firing ,
Layoffs ,
Leave of Absence ,
Life Insurance ,
Qualified Benefit Plans ,
Retirement Plan ,
Termination
The highly anticipated fiduciary rule intended to provide significant protection for retirement investors was issued on April 6. Although the final rule contains concessions that appease investment professionals, most agree...more