Public companies and their boards can look to the recently released guidance of ISS and Glass Lewis when considering best therapies to address corporate governance and broader environmental, social and governance issues.  The prominent proxy advisors address, among other things, issues affecting annual general meetings, board composition, and executive compensation. …

As we noted in our March 13, 2020 blog post, the Internal Revenue Service advised in IRS Notice 2020-15 that a high-deductible health plan (HDHP) is permitted to pay for COVID-19-related testing and treatment, without jeopardizing its status as an HDHP.

The Coronavirus Aid, Relief and Economic Security Act…

The Coronavirus Aid, Relief and Economic Security Act (CARES Act), which was signed into law by President Trump on March 27, 2020, authorizes more than $2 trillion of economic relief for individuals, businesses and industries impacted by the COVID-19 pandemic.

Buried in the CARES Act is a provision allowing employees…

This article provides practical guidance regarding how employers should address eligibility and coverage issues under their group health plans resulting from the coronavirus (also known as COVID-19).  For more information on legal issues relating to the coronavirus, see Coronavirus (COVID-19) Resource Site.

To avoid drastic options like mass layoffs…

In a matter of a few weeks, the COVID-19 pandemic has caused drastic changes to our businesses and personal lives. The effects are already substantial, from those personally affected by illness and shelter-in-place orders to companies seeing sharp declines in business activity. Although your to-do list may be long, we…

On March 13, 2020, President Trump declared a national emergency under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (the “Stafford Act”) in response to the Coronavirus Disease 19, or COVID-19.  This declaration allows employers to make qualified disaster relief payments to employees affected by COVID-19 on a…

Summary

To facilitate the nation’s response to the 2019 Novel Coronavirus (COVID-19), also known as the Coronavirus, the Internal Revenue Service advised in IRS Notice 2020-15 that a high-deductible health plan (HDHP), until further notice, is permitted to pay for COVID-19-related testing and treatment, without jeopardizing its status as an…

We are now a few months into 2020 and we should all be feeling more SECURE in our retirement, as a result of the “Setting Every Community Up for Retirement Enhancement Act of 2019” (“SECURE Act”).  Below is a brief summary of the key changes that could impact qualified retirement…

A recent Chief Counsel Memorandum (“CCM”) makes clear that a qualified retirement plan can face disqualification if the plan sponsor cannot provide a copy of an executed plan document or plan amendment upon audit.

The question addressed in the CCM was whether a plan sponsor can argue, based on the…