CARES Act - Q&As for Retirement Plan Sponsors
The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, enacted sweeping measures to strengthen the U.S. economy and support businesses and individuals during the COVID-19 crisis. Among such measures are new ways for retirement plans to give participants greater access to retirement funds and reduce plan-related tax and loan repayment obligations, as well as funding relief for sponsors of single employer defined benefit plans. This alert discusses CARES Act provisions affecting retirement plans in a Q&A format.
PDF of the Client Alert: CARES Act - Q&As for Retirement Plan Sponsors.
Related Practices
Our Executive Compensation & Employee Benefits Practice represents companies and individuals in virtually all aspects of the employment relationship and in a wide variety of industries. We provide strategic advice and offer creative, commercial solutions designed to achieve favorable outcomes for our clients.
