STABLE Accounts and Special Needs Trusts

Disabled Individuals – Saving for Retirement   In 2014, Congress passed the federal Achieving a Better Life Experience (ABLE) Act. The Act made an ABLE Account possible. An ABLE Account is an investment account that permits qualified persons with disabilities to save and invest money without losing eligibility for certain public benefits. These public benefits…

Free Webinar: I got my PPP Loan – Now what?

With the constant changes due to COVID-19, business owners and employees alike are trying to figure out how to navigate the Paycheck Protection Program and related laws. Join us for a 1-hour webinar on Wednesday, May 6th at 2:30pm EST, to answer some of the most common questions. Presentation by Brixey & Meyer and Pickrel,…

U.S. DEPARTMENT OF LABOR UPDATES REGARDING EMPLOYER PAID LEAVE REQUIREMENTS UNDER THE FFCRA

In response to the COVID-19 health emergency, Congress passed the Families First Coronavirus Response Act (FFCRA), which provided for mandatory Expanded Paid Sick Leave (EPSL) and Expanded Family Medical Leave (EFMLA) for employees of businesses with fewer than 500 employees.  The U.S. Department of Labor (DOL) has assembled and continues to update several resources for…

President Signs “Cares Act” – passed by US House and Senate

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the following list may not be exhaustive, here are just a…

President Signs "Cares Act" – passed by US House and Senate

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a two-trillion-dollar aid package to help individuals and businesses who are experiencing the effects of the coronavirus pandemic and to stimulate the economy. Numerous programs are available and while the following list may not be exhaustive, here are just a…

Statutes of Limitations Tolled as a Result of COVID-19

As individuals and businesses struggle to process and address the impact of the pandemic outbreak on their business, Ohio’s Legislature has come to the aid of individuals and businesses alike to buy them more time with regard to actions that must be taken by certain statutorily or administratively created deadlines. On March 26, 2020, House…

Secure Act

Understanding the SECURE Act Effective January 1, 2020 is a new spending bill called the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019).  Prior to 2020, most participants were required to take RMDs (required minimum distributions) from employer plans or IRAs by age 70-1/2; however, for those who have not reached…

Payment for Necessaries

In Embassy Healthcare, D.B.A. Carlisle Manor Healthcare (Embassy) vs. Cora Sue Bell (Cora), decided in late 2018, an important decision was reached by the Supreme Court of Ohio regarding the issue of necessaries and how they are treated if the spouse who received the necessaries passes away before the necessaries are paid back. “Necessaries” can…

Medicaid and Ohio Work Requirements

Several months ago, the U.S. Center for Medicare and Medicaid Services granted approval for Ohio to impose work requirements for those covered by the Medicaid expansion program / the Affordable Care Act (approximately 540,000 people).  Gov. DeWine believes the work requirement is intended to put able-bodied adults served by the Medicaid expansion on a pathway…