We know you’re concerned about what coronavirus means for you – find out how it could impact you.
As the number of reported cases of the coronavirus (COVID-19) continues to rise, many people are left wondering, “What do I do now?” Below we have compiled some useful links, resources and presentations, feel free to browse their content.
Please keep in mind that different or additional facts can impact how the situation should be handled and the guidance and information outline below are subject to change.
- Covid-19 Employee Health & Well-Being
Key Points: During this challenging time, companies must take action to instill calm and reassure employees that they are committed to their overall health and well-being.
- Time in the market has proven better than timing the market
TIME IN THE MARKET HAS PROVEN BETTER THAN TRYING TO TIME THE STOCK MARKET The U.S. market has been dynamic and resilient in moving on from crisis after crisis throughout history. Find out more about time in the stock market.
- CARES Act Retirement Legislation Summary
Summary of retirement-related provisions of the CARES Act
- S&W: Town Hall Meeting Q&A: FFCRA, PPP and the CARES Act
In recent days and weeks, we have received many questions and concerns about the ever-shifting new reality for businesses. We arranged a Town Hall Meeting for our Sapers & Wallack / Hilb Group family and friends to share and address these questions.
- Covid-19 Insights for Retirement Plan Sponsors
Covid-19 Retirement Plan Challenges and how we can help.
- Benefits Compliance Implications for the Current Coronavirus Crisis
As the world grapples with the global outbreak of COVID-19, many employers have questions about their benefits compliance obligations pertaining to employees who may be affected by the virus.
- PPP Information Sheet for Borrowers
The Paycheck Protection Program(“PPP”)authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.
- Bear Markets and Past Market Declines
As of March 12, 2020, the S&P 500 Index entered into bear market territory, defined as a 20% decline from the index’s past high.
- Staying the Course: Coronavirus and Past Market Epidemics
As of February 28, 2020, global stock markets have entered “correction” territory, defined as a 10% decline from the index high. This is in large part due to the uncertainty surrounding the new coronavirus, first detected in Wuhan City, China, but now detected in 37 locations internationally, including the United States.
- COVID-19-Related Tax Credits for Small and Midsize Businesses
Overview of COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs
- Paycheck Protection Program Loan Application
What do I need to apply for a PPP Loan? You will need to complete the Paycheck Protection Program loan application and submit the application with the required documentation to an approved lender that is available to process your application by June 30, 2020.
- SBA Size Standards
Businesses in certain industries can have more than 500 employees if they meet applicable SBA employee-based size standards for those industries
- SBA Lenders
List of SBA Lenders
- HR Knowledge Resource Page
HR Knowledge (a Hilb Group Company) have a number of useful information and links on their website.
- Hilb Group Resource Page
The Hilb Group have a number of useful information and links on their website.
- Video: Giving Client the Assistance & Advice They Need Most
Radio Entrepreneurs interview: "Giving Clients the Assistance and Advice They Need Most" with Aviva Sapers.
- Video: The CARES Act and Understanding & Utilizing Risk
Radio Entrepreneurs interview "Discussing the CARES Act and Understanding & Utilizing Risk" with Scott Tuxbury
- Coronavirus Loans and What You Need to Know About them
Webinar Recording by Alan Gassman, for a discussion of all federal programs and tax incentives in light of COVID-19.
- Video: Answering the Estate & Insurance Questions
Radio Entrepreneurs interview: "Answering the Estate and Insurance Questions Clients are Asking" with Aviva Sapers
- Video: Recording of S&W Town Hall April 3rd
Video recording of Zoom town Hall meeting Q&A: FFCRA, PPP and the CARES Act