Retirement & Benefits

Large sponsors have been quicker to implement retirement provision of CARES Act.

Three possible scenarios for employer spending amid the Covid-19 pandemic.

Losses have not been uniform; they depend largely on how plan sponsors have allocated assets between Treasuries and credit.

Some of the largest 401(k) and 403(b) plan recordkeepers are forcing employers to make decisions about CARES Act benefits on just a few days' notice.

Plan sponsors should keep in mind that it's harder to reinstate retirement benefits one they've been removed.

The novel coronavirus (COVID-19) pandemic raises many employee benefit and compensation considerations for employers. We examine key issues relating to COVID-19 and provide suggested strategies for employers to prepare for these issues.