The Coronavirus Aid, Relief, and Economic Security Act (the ‘‘CARES Act’’) allows qualified retirement plans to permit participants affected by COVID-19 to (1) withdraw up to $100,000 from their eligible retirement plan...more
Yesterday, the Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL), coordinated with the Department of the Treasury, Internal Revenue Service (IRS), and Department of Health and Human Services,...more