Resources

COVID-19

  • IRS permits remote notarization of participant elections The economic and societal lockdowns that have been imposed in an attempt to slow the spread of the coronavirus have presented unique… Date:   Tuesday, June 16, 2020   ·   Source:   HANYS Benefit Services
  • Coronavirus-related distributions 100% taxable for New York state and local income tax purposes in 2020 The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Under the Act, participants affected by… Date:   Friday, May 15, 2020   ·   Source:   HANYS Benefit Services
  • Invisible Investors are understandably concerned about the drop in value of their holdings as the first pandemic in many generations redefined… Date:   Tuesday, May 12, 2020   ·   Source:   HANYS Benefit Services
  • HBS participant education services: Timely help from a safe distance The current pandemic environment proves how unpredictable this world can be throughout a person’s career and life. That’s why the value… Date:   Monday, April 27, 2020   ·   Source:   HANYS Benefit Services
  • In Fed We Trust In March, the market’s “fear gauge,” the VIX, reached 82.7, the highest close in its 30-year history. Daily moves in the S&P 500… Date:   Thursday, April 16, 2020   ·   Source:   HANYS Benefit Services
  • Important considerations for retirement plan sponsors during the coronavirus pandemic We are in unprecedented times and companies are facing a multitude of challenges in many aspects of business. Here at HANYS Benefit… Date:   Monday, April 13, 2020   ·   Source:   HANYS Benefit Services
  • COVID-19: Retirement and Benefit Plan Resources As the COVID-19 crisis continues to unfold, we are closely monitoring news and updates from top sources. We’ll be updating this section… Date:   Wednesday, April 1, 2020   ·   Source:   HANYS Benefit Services
  • 4 key CARES Act provisions for retirement plan sponsors On March 27, President Trump signed the Coronavirus Aid, Relief and Economic Security Act, legislation intended to provide relief to… Date:   Wednesday, April 1, 2020   ·   Source:   HANYS Benefit Services
  • Markets React to Coronavirus We have the following observations about the impact of the novel coronavirus outbreak on markets. First identified in Wuhan, China,… Date:   Tuesday, March 3, 2020   ·   Source:   HANYS Benefit Services