NEW THIS WEEK

  • CARES Updates:
  • Economic Relief Payments
  • 401(k) assistance
  • FSA clarifications
  • Donohoe Employee Fund - Coming Soon!
  • CDC Announces New Covid-19 symptoms
  • DC, MD & VA Announce re-opening plans
CARES updates
CARES Economic Relief Payments
Federal relief checks should have been paid by direct deposit or mailed to your tax filing address. If you haven't received a relief check, Click here to check on your CARES payment status. You may need to file your 2018 or 2019 taxes, or complete an alternate form.


401(k) Loans & Hardship Withdrawals
Due to new provisions allowed for in the CARES Act, Empower Retirement will waive fees on all new retirement plan loans and hardship withdrawals in an effort to support the financial needs of American retirement investors resulting from the COVID-19 outbreak. These changes cover all tax-qualified workplace retirement plans administered by Empower. The waiver will remain in place until further notice. Contact Empower at at  www.empower-retirement.com/participant  or 1-888-846-4015.

  • Coronavirus Related Distribution (CRD): Those affected by the coronavirus can take out a hardship withdrawal of up to $100,000 out of your 401(k) and you have three years to put it back into your 401(k) without penalty or tax. Empower will waive all fees. (However, you will owe income tax on whatever partial amount is not put back into your 401(k) account within three years.)
  • 401(k) Loan limits increased: Those affected by the coronavirus may opt to take out a loan against your 401(k) instead of making a 401(k) hardship withdrawal. The loan limit has been raised to the smaller of $100,000 or up to the full amount vested. Empower will waive all associated fees.
  • Required minimum distributions are waived for 2020: Applies to everyone, even if not affected by the coronavirus. If you don’t need to make the distribution, this can save you on taxes.
  • NEW! Delay loan repayment: Employees who self-certify that they are eligible for a coronavirus related distribution and who have an outstanding loan balance from March 27, 2020 through December 31, 2020, can delay loan repayment. Payments will be delayed by one year (or, if later, 180 days after enactment). 

Expanded use of Health Flexible Spending Accounts (FSA)
​Due to the CARES Act Flexible Spending Accounts can now be used to purchase: 
  • Over-the-counter (OTC) drugs without a prescription.
  • Certain menstrual care products, such as tampons and pads.

Health FSA reimbursement claims for eligible expenses incurred through 3/15/2020 will now be accepted until 5/31/20 (extended from 3/31/20). If you use your FSA debit card, transactions will automatically be deducted from your 2020 election. You must submit a claim for expenses to be deducted from your 2019 balance. To submit a claim,  complete the FSA health Claim Form or contact Further at 800-859-2144.
Employee Assistance Fund - Coming Soon!
The Donohoe Executive Committee is setting up an Employee Assistance Fund to help employees affected by Covid-19. In addition to the Company’s donation to the fund, employees can contribute to the fund using a credit card or through tax-free payroll deductions. Affected employees will have the opportunity to apply for a financial grant through the fund, which will be administered by a third-party vendor so that your privacy is maintained. Stay tuned!
Covid-19 Symptoms
The CDC has announced additional symptoms of Covid-19. Symptoms may appear 2-14 days after exposure to the virus. People with these symptoms or combinations of symptoms may have COVID-19:
  • Cough
  • Shortness of breath or difficulty breathing
  • Fever
6 New Symptoms:
  • Chills
  • Repeated shaking with chills
  • Muscle pain
  • Headache
  • Sore throat
  • New loss of taste or smell
DC, MD, & VA Re-opening Plans
DC, MD, and VA have each begun to plan for recovery and eventual re-opening of businesses. In preparation, Donohoe has teams working in corporate and every division, formulating our own plans for workplace policies and procedures to help us along and keep us safe as we begin a return to normal. TDC re-opening of non-essential offices will follow guidelines and timelines recommended by the CDC and local governments. To start the re-opening process, states must see at least a 14-day decline in Covid-19 cases. A timeline is to be determined, but we will continue to fill you in on changes and what to expect on the road to recovery.
COVID-19 RESOURCES
brought to you by the Donohoe Coronavirus Task Force:
BERT DONOHOE
BOB DONOHOE, JR.
BRIAN GIANFELICE
BUTCH BARRY
CHERYL HAUGHTON
CHRIS BRUCH
CHRIS MILTON
​DANIELLE RICE
DEIRDRE ROBINSON
ERIC MAGGIO
EVAN WEISMAN
JAD DONOHOE
JIM FALCONE
KELLEY DARLING
LAURIE BALLENGER
MIKE POLASKI
MO ALIBHAI
PHIL CARRESCIA
STEVE CROWDER
STEVE DONOHOE
THOMAS PENNY
TIM GALLAGHER
​ZOLTAN KOROSSY
EMAIL GROUPCORONAVIRUS@DONOHOE.COM TO ASK QUESTIONS OR PROVIDE FEEDBACK
Note: Cybercriminals are capitalizing on public concerns about the coronavirus to launch phishing scams. To protect the company against these attacks, DO NOT ACCESS CORONAVIRUS INFORMATION FROM UNKNOWN EMAILS. Information on the coronavirus can be found through links in Donohoe Updates communications, on the Donohoe Covid-19 Employee website , or by visiting known reputable websites for WHO, CDC, and local governments.