Impacts of COVID-related legislation on employer retirement plans

Since last week’s video alert for employers, “Practical workplace implications of the Families First Coronavirus Response Act,” yet another COVID-related law was passed in Congress and signed by President Trump. Considered as “Phase 3” of Congress’s response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is intended to provide $2 trillion in relief to individuals and businesses that are impacted by the coronavirus public health emergency.

In this video alert, McAfee & Taft employee benefits lawyers Richard Nix, Brandon Long and Judy Burdg discuss the CARES Act’s provisions and requirements for employer-sponsored retirement plans. In a companion video alert, we focus on the impact of the FFCRA and CARES Acts on employer-sponsored health and wellness plans.

This video was recorded March 29, 2020.
NOTE: This alert is not eligible for continuing education credit (e.g. HRCI, SHRM or CLE).
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Additional Employer Resources

• VIDEO ALERT: “Impacts of COVID-related legislation on employer health plans” (released March 30, 2020)
• VIDEO ALERT: “Practical workplace implications of the Families First Coronavirus Response Act” (released March 23, 2020)
• McAfee & Taft COVID-19 Resource Center
• Subscribe to future COVID-related alerts and publications