The CARES Act of 2020: How Are Retirement Plans Affected?

by | Dec 12, 2022 | Qualified Retirement Plan

The CARES Act of 2020: How Are Retirement Plans Affected?




The Coronavirus Aid, Relief, and Economic Security, or “CARES Act” – the third emergency bill that Congress has passed in response to the novel coronavirus (COVID-19) pandemic – was signed into law on Friday, March 27, 2020. The CARES Act contains certain relief provisions for qualified retirement plans and IRAs.
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