As the COVID-19 crisis continues to unfold, we are closely monitoring news and updates from top sources. We’ll be updating this section as new developments unfold. Here are several key articles and links to help plan sponsors and administrators navigate the COVID-19 impact to retirement and benefit plans:
Retirement Plans
- 4 Key CARES Act Provisions for Retirement Plan Sponsors
- Markets React to Coronavirus
- Important Considerations for Retirement Plan Sponsors during the Coronavirus Pandemic
- In Fed We Trust
- Participant Education Services: Timely Help from a Safe Distance
- CRDs 100% Taxable for New York State and Local Income Tax Purposes in 2020
- IRS Permits Remote Notarization of Participant Elections
Employee Benefits
- CARES Act Expands Health Coverage Rules
- Understanding the Historic $2 Trillion Stimulus Package
- Employee Compensation and Benefits During Closures and Furloughs
- DOL Clarifies Exemptions to Coronavirus Paid Leave Laws
- Small Business Exemption to Coronavirus Paid Leave Laws - Video
If you would like to speak with a consultant at HANYS Benefit Services on this or any other topic, please call (800) 388-1963 or via email.