Governor Murphy Reopens NJ Schools
This fall, New Jersey schools must include social distancing and face masks as part of a new COVID-19 safety initiative for students and staff. Governor Murphy has partnered with the Department of Education Commissioner Laont…
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Costco Sued Over Mismanagement of 401(k) Plan
On behalf of plan participants of the Costco 401(k) Retirement Plan, a lawsuit was filed against Costco Wholesale Corporation and related parties for allegedly mismanaging a defined contribution plan worth $15.5 million. Filed on Tuesday…
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Mozilla to Block Malicious Downloads in Firefox
To combat the latest cyber-security threats, the company Mozilla stated that its newest version of its Firefox web browser will incorporate an updated malware-blocking service that will verify signatures for the application downloads. If signed,…
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NJ Motor Vehicle Commission Opens
Attention New Jersey drivers! Governor Phil Murphy stated Friday that state Motor Vehicle Commissions offices can resume operations on June 15 for a plethora of pick-up and drop-off services. As they start opening their doors,…
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New Jersey Resumes Recreational Activities on July 2
On Wednesday, Governor Phil Murphy announced museums, arcades, bowling alleys, aquariums and other recreational activities will open to the public starting next week. Batting cages and shooting ranges can resume Thursday at 25% capacity, the…
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Why Small and medium-sized enterprises are Expanding Cyber Insurance Budgets
During this time of uncertainty, industries are particularly vulnerable to cyber breaches. Last year alone, ransomware targets forfeited over $1.3 billion to hackers, including high-profile victims like hospitals, airlines and retailers. However, small businesses are…
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IRS Grants RMDs Rollover Relief
Novel guidance has been published by the Internal Revenue Service, who extended the rollback period for minimum distributions already taken this year. The guidance encompasses a series of FAQs and offers plans with sample amendments…
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Twitter Data Leak Exposes Clients
Twitter has just informed their business clients of a potential data breach include phone numbers, email addresses, and card numbers that may have been exposed by hackers. Billing information viewed on Twitter Ads or Twitter…
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Pension Risk Transfers Drop in May
Pension risk transfer premiums fell significantly last month due to a continuous decline in both annuity purchase rates and discount rates. Per the latest pension buyout index study, discount rates sunk 27 basis points this…
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