The past several weeks have given rise to an unprecedented flurry of new legislation and government agency actions in response to the coronavirus pandemic. This Legal Update summarizes key provisions of the Families First Coronavirus Response Act (the “FFCRA,” enacted on March 18, 2020), the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act,” enacted on March 27, 2020), as well as certain actions taken by the Internal Revenue Service and the Department of Labor that directly impact employer-sponsored retirement plans, group health plans, flexible spending accounts, and health savings accounts.