Bill Would Allow COVID-19 Catch-Up Contributions
The proposal would allow catch-up contributions in 2021 and 2022 equal to the difference between an individual’s actual contributions and...
Tag: coronavirus
Coronavirus Has Employees Rethinking Work Schedules and Careers
Many employees find ‘windowed work’ has helped them manage their work/life balance.
Doll Foresees Deepest Recession Since World War II
But the chief equity strategist at Nuveen expects it to be short-lived.
Stimulus Helps, But Markets Will Remain Volatile
The S&P 500 could move up and down by 2% every day for the next six months, experts agree.
Some Say Coronavirus Will Cement New Normal for Rates
The world has indeed embraced a new normal—but not one necessarily tied to interest rates.
Can Other Distributions Be Treated as Coronavirus-Related Distributions?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Changing Messages About Benefits
Plan sponsors can create new communications to engage participants with their retirement and health benefit plans that take into consideration...
Products |
Voya Offers SAVVI’s Short-Term Financial Planning Tool
Employees of Voya’s clients whose income has been affected by the COVID-19 pandemic will be able to get a personalized...
Opinions |
COVID-19 Compliance Corner: IRS Eases Spousal Consent Rules for 2020
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
IRS Makes More People Eligible for CARES Act Distributions and Loans
Notice 2020-50 expands the definition of who is a qualified individual to take into account additional factors such as reductions...
COVID-19 Widens the Financial Security Gap for Black Workers
Statistics about disparities may reveal what is happening among plan sponsors’ own workforces.
Generations Experience the Effects of COVID-19 Differently
Understanding each generation’s attitudes and concerns is key to knowing the right retirement savings education and tools to offer.
A Reality Check for the Equity Markets
Recent volatility has left the equity markets “looking a bit more in touch with the economic reality than they were...
IRS Allows for Remote Retirement Plan Participant Elections
The temporary relief is for retirement plan participant elections required to be witnessed by a plan representative or a notary...
COVID-19 Has Made the Retirement System Weaker
A working paper discusses how the pandemic has affected retirement plans and what needs to be done for the retirement...
Opinions |
Participant Communications Specific to the Pandemic
Elizabeth Woodburn, with Buck, describes what elements DC plan sponsors may consider including in participant communications during the COVID-19 pandemic.
IRS Provides Additional Deadline Relief to Plan Sponsors
Deadlines have been moved for single-employer and multiemployer DB plans and 403(b) plans, among others.
Pandemic Shines a New Light on Climate Change and ESG Investing
The COVID-19 crisis is showing plan sponsors how corporate behaviors affect the environment and that encouraging positive ones with investment...
Opinions |
COVID-19 Compliance Corner: Deadline Extensions Provide Relief to Retirement Plan Sponsors
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
Benefits |
Alternatives to Cutting HSA Contributions
Considerations for plan sponsors that need to cut costs but would rather avoid taking away benefits.