July 08 2020

IRS Issues Further Details on Distributions and Plan Loans Under CARES Act

The CARES Act, signed into law on March 27, 2020, allows employees affected by COVID-19 greater access to money set aside for them in employer retirement plans.  As often happens, many details of this new law were not immediately clear.  We found our...

April 22 2020

Coronavirus and Defined Benefit Plan Funding

This article is part of our continuing series on the coronavirus and its effects on qualified retirement plans.  Recently, we wrote about ways employees affected by the coronavirus could access money from their retirement plans.  Today, we are discus...

March 23 2020

Options for Accessing Retirement Plan Money Amid COVID-19 Outbreak

Amid the coronavirus (COVID-19) scare, we are getting reports that our clients are imposing layoffs, furloughs, and temporary shutdowns.  It makes sense; if people aren’t coming to your business, there’s no work for the employees to do and no money t...