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What the CARES Act means for retirement plans

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Manage episode 261617279 series 2342257
Kandungan disediakan oleh Milliman, Inc.. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Milliman, Inc. atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

The CARES Act – which stands for the Coronavirus Aid, Relief, and Economic Security Act – has sweeping implications for both defined benefit (DB) and defined contribution (DC) retirement plans in the U.S. From distribution and loan relief for qualified individuals on the DC side, to deferral and election options for single-employer plans on the DB side, the CARES Act is intended to provide fast and direct economic assistance for workers and plan sponsors across the country. On this episode of Critical Point, Charles Clark, Milliman’s Employee Benefits Research Director, and Ginny Boggs, Senior Regulatory Compliance Consultant at Milliman, discuss the ins and outs of the CARES Act and what it means for retirement plans.
You can read the episode transcript on our website.

  continue reading

57 episod

Artwork
iconKongsi
 
Manage episode 261617279 series 2342257
Kandungan disediakan oleh Milliman, Inc.. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Milliman, Inc. atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

The CARES Act – which stands for the Coronavirus Aid, Relief, and Economic Security Act – has sweeping implications for both defined benefit (DB) and defined contribution (DC) retirement plans in the U.S. From distribution and loan relief for qualified individuals on the DC side, to deferral and election options for single-employer plans on the DB side, the CARES Act is intended to provide fast and direct economic assistance for workers and plan sponsors across the country. On this episode of Critical Point, Charles Clark, Milliman’s Employee Benefits Research Director, and Ginny Boggs, Senior Regulatory Compliance Consultant at Milliman, discuss the ins and outs of the CARES Act and what it means for retirement plans.
You can read the episode transcript on our website.

  continue reading

57 episod

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