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The Benefit of Benefits

Insights and practical perspectives on employee benefits, retirement plans, and the legal developments shaping today’s workplace.
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The Benefit of Benefits

August 31 Important Date for Additional COVID-19 Relief for Retirement Plans

Another one of my favorite guitarists is Eric Clapton who released an album titled “August” in 1986....

Supremes Look At Little Sisters Again-Uphold Trump Administration on ACA Birth Control Exception

One of my all time favorite guitarists is Stevie Ray Vaughn, who died way too young....

COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 3: CARES Act/CESA Main Street Loan Restrictions on Compensation

This is the third and final installment of the effects of Covid-19 Pandemic (Pandemic) on executive compensation of private companies....

SCOTUS: No Damage, No Standing For DB Participants

When is a fiduciary breach not a fiduciary breach? When the complaining retiree-participants do not have standing because they have...

COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 2: Deferred Compensation

Executives often participate in various nonqualified deferred compensation plans designed to reward upper management. These can be simple plan designs...

COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 1

Rank and file employees who may have lost their job or had hours reduced probably don’t care about the effects...

CalSavers Proposes Extending 6/30/20 Deadline Due To Pandemic

The California Secure Choice Retirement Savings Investment Board has filed a Notice of Proposed Emergency Regulation Action with the Office...

No Fooling HJTA Appeals Dismissal Of CalSavers Preemption Decision

On April 1, 2020, the Howard Jarvis Taxpayers Association filed a Notice Of Appeal with the United States District Court...

CARES Act Signed by President: Permits COVID-19 Withdrawals and Loans From Plans

On March 27, the House of Representatives passed, and within hours President Trump signed, the Coronavirus Aid, Relief, and Economic...

CARES Act Signed by President: Permits COVID-19 Withdrawals and Loans From Plans

On March 27, the House of Representatives passed, and within hours President Trump signed, the Coronavirus Aid, Relief, and Economic...

COVID-19 Disaster Declarations Permit Employees Access to Hardship Distributions

If you’ve been wondering why I haven’t posted about the effects of COVID-19 on employee benefits it’s because I’ve been...

CalSavers Not Preempted By ERISA!

On March 10, 2020, the United States District Court for the Eastern District of California once again dismissed the lawsuit...
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