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CARES Act Webinar: What Plan Sponsors Need to Know

the one minute takeaway

The CARES Act has provisions that directly affect retirement plans, including expanded and penalty-free withdrawal rights, expanded loan rights, extended rights to repay loans and withdrawals and a deferral of mandatory distributions.

CARES Act Sponsors
This content is informational only and based on information available when created. This webinar is not intended as, and should not be taken as, legal advice. HUB Retirement and Private Wealth employees are Registered Representatives of and offer Securities and Advisory services through various Broker Dealers and Registered Investment Advisers, which may or may not be affiliated with HUB International. Insurance services are offered through HUB International, an affiliate.
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Retirement Plan Provisions of CARES Act

The CARES Act includes provisions for expanded coronavirus-related distributions, expanded loan limits from qualified plans, and waived required minimum distributions (RMDs).

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CARES Act Summary of Key Provisions Impacting Retirement Plans

On March 27, 2020, the U.S. House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) that was passed in the U.S. Senate on March 25, 2020. The President signed the bill into law on March 27, 2020. This brief is a summary of provisions contained in the CARES Act that impact retirement plans and IRAs.

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Coronavirus Resource Center

The coronavirus pandemic is causing significant business, economic and social disruption.

Be prepared. Know how to respond.