The new CARES Act includes defined contribution retirement plan provisions that will allow individuals impacted by the COVID-19 disease increased access to retirement savings. This short audiocast team walks plan sponsors through the provisions of the new Act affecting employer-sponsored retirement plans. The provisions include ways for participants to access funds in their retirement plan for coronavirus-related distributions and expanded loan provisions, plus much more.
For a resource providing a breakdown (it's also downloadable to take with you) of the provisions related to DC retirement plans, click the button below.
