COVID-19 pandemic – CARES Act expands financial options for impacted plan participants
$225.00
Description
Abstract: In its efforts to ease financial strains caused by the novel coronavirus (COVID-19) pandemic, Congress made it easier for some 401(k) plan participants to tap into their retirement savings without penalty. This brief article highlights portions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that make changes to early distributions and plan loans.
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