Partial Plan Termination Relief
Last March & April, we notified our Plan Sponsors that there could be an inadvertent consequence from the many layoffs & furloughs we saw happening. Under normal rules, if an [...]
Last March & April, we notified our Plan Sponsors that there could be an inadvertent consequence from the many layoffs & furloughs we saw happening. Under normal rules, if an [...]
On June 19th, the IRS issued Notice 2020-50, which provided expanded guidance for eligibility for Coronavirus-Related Distributions (CRDs) and the CARES Act participant loan rules. We have had many inquiries [...]
The SECURE Act “Setting Every Community Up for Retirement Enhancement” was signed into law December 20, 2019, with most provisions effective for plan years beginning in 2020. Here are two [...]