As an ERISA attorney for almost 22 years, I’ve kind of seen it all, especially the dot-bomb economic bailout exacerbated by the September 11th attacks and the 2008 financial meltdown where our entire economic system seemed to be in a freefall. However, the Coronavirus Covid-19 pandemic will have a greater negative impact on our business as much of our country is under order to stay at home. If you’re a business that isn’t considered essential by your state government, you are clearly in a world of hurt. Money for payroll and benefits going out hurts a lot more when no money is coming in. As a business owner, you might have to make some unfortunate decisions as it pertains to staff, so you’re going to have to make decisions that will impact your 401(k) plan. This article is all about how 401(k) issues may arise with the business decisions you have to make including layoffs.