The novel coronavirus (“COVID-19”) pandemic has caused immense disruptions for individuals, employers and service providers as governments and the private sector have taken unprecedented actions to try to slow the spread of COVID-19.

Congress and the Administration have produced three huge legislative packages, working at a breakneck pace. The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), enacted on March 27, includes several major changes to assist 401(k) plan participants and calls for immediate responses from employers and plan service providers. Congressional leaders and the Administration are currently negotiating additional COVID-19 relief and economic stimulus legislation, and regulatory guidance from the IRS and DOL is expected in the near future. At the same time, our clients are grappling with ways to manage workplace operations related to benefits, health care and retirement, while also revamping business operations to navigate a greatly weakened economy.

Below are our latest COVID-19 resources to help our clients keep track of legislative, regulatory, and legal developments and navigate these challenging times.

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