Archived Insight | November 12, 2020

What We Know Now: Benefits and the 2020 Election

This webinar, which took place on November 12, 2020, continued to explore the impact of the 2020 elections on employee benefit plans and workers.

Businesspeople Having A Meeting In A Modern Office

Part 1: Healthcare Initiatives

In the first hour we reviewed the healthcare initiatives of the newly elected President and Congress. Kathy Bakich provided comments on the Supreme Court case to be argued on November 10.

Part 2: Retirement Plans

In our second hour, we turned to retirement plans. Serena Simons talked about the likelihood of multiemployer reform legislation and single-employer funding relief in the lame-duck session and the new Congress in 2021.

She also discussed the SECURE Act 2.0; a bipartisan bill released in the House on October 27, and what to expect in the next Congress depending on the election results.

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Between the global pandemic and the impact of the election, plenty is uncertain. If you have questions about how you, your people or your plan may be affected by shifting tides, we're here to help.

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.