Labor Days
IRS Issues Temporary Relief from Physical Presence Requirement for Spousal Consents Under Retirement Plans
On June 3, the Internal Revenue Service (“IRS”) issued Notice 2020-24 providing temporary relief from the physical presence requirement for participant elections that are required to be witnessed by a plan…
DOL Establishes New Electronic Disclosure Safe Harbor for ERISA-Covered Retirement Plans
On May 27, 2020, the Department of Labor published final regulations establishing a new electronic disclosure safe harbor for ERISA-covered retirement plan (but not health and welfare plan) documents. This new safe…
IRS Issues Cafeteria Plan Relief, Providing Employers Significant Discretion
The Internal Revenue Service (“IRS”) recently issued guidance relaxing several cafeteria plan rules to help employees deal with unanticipated COVID-19 expenses. Employers that sponsor cafeteria plans will need to…
COVID-19: Employee Benefit Measures for Preserving Cash and Saving Jobs
The uncertainties surrounding the COVID-19 pandemic have made it difficult for employers to predict the long-term impact of the pandemic on their businesses. In response, many employers are looking for ways to preserve…
HIPAA Compliance Failures Make for Bad Television
In response to the increased media presence in hospitals, the Department of Health and Human Services (“HHS”) issued guidance this week reminding health care providers that the COVID-19 outbreak does not change HIPAA’s…