The bill isn’t law yet. The Senate has announced it has struck a deal on a $2 trillion coronavirus stimulus bill, which it expects to pass this afternoon. However, the bill will also need to be passed in the House, which is unlikely to vote on it today, and which has not yet indicated it […]
On March 24, 2020, the Department of Labor issued an Employer Fact Sheet and Questions and Answers related to the Families First Coronavirus Response Act (FFCRA). Most of this guidance is consistent with the information we previously shared with you. However, there are a few important clarifications provided in this guidance that we want you […]
In December 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act became effective on January 1, 2020, and makes significant changes to retirement accounts, including Individual Retirement Accounts (IRAs), 401(k), 403(b) and 457 plans (“Retirement Plans”). The following is a brief summary of the key changes: The beginning […]