FLASHPOINT: WHAT PLAN SPONSORS SHOULD KNOW ABOUT CARES
The attached white paper by Ilene Ferenczy was commissioned by CUNA Mutual Group to help explain the advantages to both companies and their employees of the retirement plan provisions in CARES. The article also discusses some of the ways in which sponsors can reduce or eliminate 2020 contribution obligations during this time of economic uncertainty.
Please feel free to download the paper and share it with your friends, colleagues, and clients.
If you have any questions, please call one of us! We are all working remotely during the quarantine and are here to help.
Best regards and stay healthy!
- Posted by Ferenczy Benefits Law Center
- On April 21, 2020