A summary of hardship distribution rules to help 401(k) plan sponsors prepare for an uptick in requests

The workplace and other employment consequences of responding to COVID-19 (coronavirus) will raise questions about 401(k) plan administration. Here are some questions that are likely to come up soon.

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This Nurses Week – now more than ever – we thank them for all they do.

On June 19, 2020, the Internal Revenue Service (IRS) released Notice 2020-50 (Notice), providing guidance on Coronavirus-Related Distributions (CRDs) and loan relief under section 2202 of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act).