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Monthly Archives: August 2020

Plan Sponsors: Coronavirus Relief Measures

August 25, 2020

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which included several provisions designed to help retirement savers cope with the financial fallout from the pandemic. Among these temporary measures were special rules for required minimum distributions, coronavirus-related distributions, and retirement plan loans. In late June, the IRS released Notices … Continue reading Plan Sponsors: Coronavirus Relief Measures

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