Phyllis Karasov and Mary Komornicka Discuss Employee Benefit Features in the Coronavirus Aid, Relief, and Economic Security Act

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Larkin Hoffman Briefings

Larkin Hoffman

24 episodes

5 days ago

Welcome to Larkin Hoffman series of podcasts discussing issues affected by the COVID-19 crisis. Our attorneys will address corporate, employment, real estate, construction, franchise, bankruptcy, insurance, litigation, and other matters in this series. The podcasts are 15 minutes long and can be heard at your convenience. Over the next few weeks, there will be several podcasts on developing matters.

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Phyllis Karasov and Mary Komornicka Discuss Employee Benefit Features in the Coronavirus Aid, Relief, and Economic Security Act

Larkin Hoffman Briefings

17 minutes 37 seconds

5 years ago

Phyllis Karasov and Mary Komornicka Discuss Employee Benefit Features in the Coronavirus Aid, Relief, and Economic Security Act

Larkin Hoffman employment law specialist Phyllis Karasov and employee benefits specialist Mary Komornicka discuss the new employee benefit features in the Coronavirus Aid, Relief, and Economic Security (CARES) Act in our latest COVID-19 Briefing series podcast. The CARES Act allows employers to make changes in its Section 401(K) and 403(b) plans to assist employees who are experiencing financial stress due to the current pandemic. The Act also provides for modifications to health insurance benefits and a waiver of the minimum distribution rules for retirement plans, through December 31, 2020. Karasov and Komornicka will provide overall guidance on these provisions.