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Plan sponsors should keep in mind that it's harder to reinstate retirement benefits one they've been removed.

The Fed took unprecedented steps; meanwhile, a Senate vote on a stimulus bill failed Monday afternoon.

"The undersigned organizations employ millions of individuals who are faced with this crisis and are doing their best to manage their personal and professional lives in the face of uncertain times. Many companies have instituted mandatory work-from-home measures to limit community," reads a letter from companies and trade organizations to California Attorney General Xavier Becerra.

Under new program announced last night, U.S. Treasury will provide $10 billion of credit protection for money-market mutual funds.

Treasury Secretary Steven Mnuchin, although initially skeptical, is now more willing to do it.

A Louisiana lawsuit will play an important role in determining the potential availability of business interruption coverage for coronavirus-caused losses.