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Nelson Mullins COVID-19 Resources

Nelson Mullins is continuing to monitor developments related to COVID-19, including guidance from the Centers for Disease Control and various federal, state, and local government authorities. The firm is taking appropriate precautionary actions and has implemented plans to ensure the continuation of all firm services to clients from both in office and remote work arrangements across our 25 offices. 

In addition, click the link below to access extensive resources to address a wide variety of topics resulting from the virus, in general and by industry,  including topics such as essential businesses, force majeure, business interruption insurance, CARES Act and FFCRA, and others. 

Nelson Mullins COVID-19 Resources

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Bostock v. Clayton County and Implications for Title VII Litigation

July 6, 2020

Bostock v. Clayton County and Implications for Title VII Litigation

Comp and Benefits Brief

November 15, 2019

2020 Employee Benefit Plan Limits

The IRS has released the 2020 cost-of-living adjustments for limits on employee benefits with some adjustments to the 2020 rates including minor increases to the maximum elective deferrals, the maximum benefits allowed under Code Section 415, maximum compensation used in determining benefits, and the taxable wage base.  Below is an updated chart on 2020 limits.

Limits for 2020 – Qualified Plans




Elective Deferrals (401(k) and 403(b) pre-tax contributions; 457(b), 402(g)(3))



Catch-up Contributions – 401(k), 403(b), 457(b), SARSEP plans



Highly Compensated Employee (HCE) – 414(q)



Annual Compensation Limit – 401(a)(17), 404(l), 408(k)(3)(C),  408(k)(6)(D)(ii)



Key employee – 416(i)(1)(A)(i), top heavy and 409A specified employee



Defined Contribution Plan total annual contributions – 415(c)



Defined Benefit Plan Maximum benefit – 415(b)



ESOP – for determining the length of the general five-year distribution period



ESOP – maximum account balance subject to five-year distribution period




Limits for 2020 – Tax Withholding Wage Base




Taxable Wage Base




Limits for 2020 – High Deductible Plans, Health Savings Account and FSAs




High Deductible health plan – IRS limits self/family


-annual deductible –minimum


-out of pocket expenses (HSA) – maximum














HSA Contribution limit – individual/family



HSA Contribution catch-up



FSA (flexible spending account – health)



FSA (dependent care account)



Out of pocket expenses (ACA) -PHSA §2707(b) maximum (in-network essential health benefits for non-grandfathered plans)

  • Self Only
  • Embedded Individual Max within Family Coverage
  • Family














Limits for 2020 – Affordable Care Act




ACA affordability safe harbor




Penalties for 2020 – Affordable Care Act




No Offer of Coverage



Offer of coverage lacks minimum value or affordability




Limits for 2020 – Qualified Transportation Fringe Benefit




Transit pass, van pool



Qualified Parking




PBGC Premiums for Defined Benefit Pension Plans – 2020




Flat rate per participant



Variable rate for $1,000 of unfunded vested benefits



Per Participant Variable Cap




Nelson Mullins Executive Compensation and Employee Benefits attorneys are ready to assist with your compensation and benefits related matters in a cost-effective and responsive manner. Please contact one of our Executive Compensation and Employee Benefits partners or the Nelson Mullins attorney with whom you work.

This Comp & Benefits Brief is a periodical publication of Nelson Mullins Riley Scarborough LLP and should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general information purposes only, and you are urged to consult a lawyer concerning your own situation and any specific legal questions you may have. © 2019 Nelson Mullins Riley & Scarborough LLP. All Rights Reserved.