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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
Scott E. Galbreath, J.D., LL.M. (Tax)
July 16, 2020
Another one of my favorite guitarists is Eric Clapton who released an album titled “August” in 1986....
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Supremes Look At Little Sisters Again-Uphold Trump Administration on ACA Birth Control Exception
Scott E. Galbreath, J.D., LL.M. (Tax)
July 9, 2020
One of my all time favorite guitarists is Stevie Ray Vaughn, who died way too young....
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COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 3: CARES Act/CESA Main Street Loan Restrictions on Compensation
Scott E. Galbreath, J.D., LL.M. (Tax)
July 1, 2020
This is the third and final installment of the effects of Covid-19 Pandemic (Pandemic) on executive compensation of private companies....
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SCOTUS: No Damage, No Standing For DB Participants
Scott E. Galbreath, J.D., LL.M. (Tax)
June 2, 2020
When is a fiduciary breach not a fiduciary breach? When the complaining retiree-participants do not have standing because they have...
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COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 2: Deferred Compensation
Scott E. Galbreath, J.D., LL.M. (Tax)
May 27, 2020
Executives often participate in various nonqualified deferred compensation plans designed to reward upper management. These can be simple plan designs...
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COVID-19 EFFECTS ON EXECUTIVE COMPENSATION OF PRIVATE COMPANIES-PART 1
Scott E. Galbreath, J.D., LL.M. (Tax)
May 7, 2020
Rank and file employees who may have lost their job or had hours reduced probably don’t care about the effects...
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CalSavers Proposes Extending 6/30/20 Deadline Due To Pandemic
Scott E. Galbreath, J.D., LL.M. (Tax)
April 17, 2020
The California Secure Choice Retirement Savings Investment Board has filed a Notice of Proposed Emergency Regulation Action with the Office...
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No Fooling HJTA Appeals Dismissal Of CalSavers Preemption Decision
Scott E. Galbreath, J.D., LL.M. (Tax)
April 7, 2020
On April 1, 2020, the Howard Jarvis Taxpayers Association filed a Notice Of Appeal with the United States District Court...
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CARES Act Signed by President: Permits COVID-19 Withdrawals and Loans From Plans
Scott E. Galbreath, J.D., LL.M. (Tax)
March 29, 2020
On March 27, the House of Representatives passed, and within hours President Trump signed, the Coronavirus Aid, Relief, and Economic...
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CARES Act Signed by President: Permits COVID-19 Withdrawals and Loans From Plans
Scott E. Galbreath, J.D., LL.M. (Tax)
March 29, 2020
On March 27, the House of Representatives passed, and within hours President Trump signed, the Coronavirus Aid, Relief, and Economic...
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COVID-19 Disaster Declarations Permit Employees Access to Hardship Distributions
Scott E. Galbreath, J.D., LL.M. (Tax)
March 27, 2020
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...
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CalSavers Not Preempted By ERISA!
Scott E. Galbreath, J.D., LL.M. (Tax)
March 10, 2020
On March 10, 2020, the United States District Court for the Eastern District of California once again dismissed the lawsuit...
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