The year-end budget and COVID relief package signed into law on December 27, 2020 (the “Budget Bill”) includes several changes affecting retirement plans. Most of the changes are temporary in nature, but one change affecting...more
Bottom Line: The Department of Labor (DOL) has released new guidance for retirement plans to meet their ERISA disclosure obligations:
an additional safe harbor for electronic disclosure of retirement plan ERISA-required...more
As the novel coronavirus pandemic continues to impact businesses across the country and the world, many employers have implemented, or are considering, employee salary or wage reductions as one way to reduce overall business...more
4/16/2020
/ Best Practices ,
Business Continuity Plans ,
Business Expenses ,
Compensation & Benefits ,
Coronavirus/COVID-19 ,
Crisis Management ,
Employer Liability Issues ,
Furloughs ,
Layoffs ,
Policies and Procedures ,
Public Health ,
Risk Management ,
Small Business ,
State and Local Government ,
Wage and Hour