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Modification or Termination of Elective 401(k) Contributions in Response to Coronavirus and Other 401(k) Issues

March 25, 2020 Employment Law Labor & Employment Blog

At Williams Parker, we continue to work to provide businesses with the information they need to make difficult decisions in this uncertain time. We have received many questions regarding how business decisions related to COVID-19 may impact employees’ 401(k) plans. As part of our extended team through Ally Law, our international alliance of law firms, we are able to partner with experienced attorneys in a wide range of legal areas for the benefit of our clients. The following two-part advisory provides important information regarding COVID-19 and healthcare benefits from Varnum, which is our Ally law firm in Michigan.

  • 401(k) Questions Part One
  • 401(k) Questions Part Two

For more information about Ally Law, visit