Employee Benefit Advisor – Fall 2020

Employee Benefit Advisor – Shannon & Associates LLP | Kent, WA
CARES Act And Retirement Plans (What You Should Know)

The Coronavirus, Aid, Relief, and Economic Security (CARES) Act signed on March 27, 2020, contained several provisions related to eligible retirement plans. Some of the provisions are options such as the distribution and loan provisions while others are mandatory, namely the waiver of 2020 required minimum distributions.

Learn about this as well as the following topics…

  • Failing to Enroll Eligible Employees in Your Plan
  • IRS Recommendations for Avoiding Enrollment Errors
  • IRS Liberalizes Availability of Self-Correction Program for Plan “Failures”

eNewsletter version – Fall 2020

PDF version – Fall 2020

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