The IRS addressed Frequently Asked Questions (“FAQs”) this week on the new coronavirus-related distribution (“CRD”) available from eligible retirement plans added by the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).

As background, the CARES Act allows certain retirement plans to provide a special in-service distribution option in

This article provides practical guidance regarding how plan sponsors and fiduciaries should address delays in remitting participant salary deferral contributions and plan loan payments to their defined contribution plans resulting from the coronavirus (also known as ‎COVID-19). For more information on legal issues relating to the coronavirus, see Coronavirus ‎‎(COVID-19)

On April 28, 2020 the Employee Benefits Security Administration, U.S. Department of Labor, Internal Revenue Service, and Treasury Department published joint guidance extending certain important deadlines that are otherwise applicable to employee benefit plans. This relief was granted in an effort to preserve and protect the benefits of participants and

In response to the COVID-19 pandemic, the IRS has automatically extended the deadline for certain ‎retirement and welfare plans to file Form 5500.   IRS Notice 2020-23 provides that tax returns, including Forms 5500, that are required to be filed on or after April 1, 2020 and before July 14, 2020

The Departments of Labor, Health and Human Services and Treasury (collectively, the “Departments”) jointly issued FAQ guidance regarding implementation of the health coverage provisions under the Families First Coronavirus Response Act (“FFCRA”) and the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”).

FFCRA, as amended by the CARES Act,

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.