Browsing Tag
CARES Act
63 posts
Half of 401k Plan Sponsors Want Help Understanding CARES Act
While eight in 10 plan sponsors say they are familiar with retirement plan provisions of the CARES Act,…
August 12, 2020
IRS Reminds Seniors: No RMD in 2020
The Internal Revenue Service is reminding seniors and retirees that they are not required to take money out of…
July 23, 2020
Trump’s Payroll Tax Cut Dumped from Stimulus Bill
Another round of stimulus checks for most Americans is in and President Trump’s desired payroll tax cut is…
July 23, 2020
Episode 4: Shlomo Benartzi Applies Behavioral Economics to COVID, CARES Act
401k auto-enrollment, deferral, and escalation? Thank Shlomo Benartzi, a pioneer in the field of behavioral economics. He developed…
June 29, 2020
IRS Announces CARES Act RMD Relief
If a retiree took a required minimum distribution but is having second thoughts in the wake of COVID,…
June 23, 2020
IRS Expands 401k Withdrawal, Loan Eligibility Under CARES Act
The Internal Revenue Service is making it easier (again) to access 401ks for loans and withdrawals. Released Friday,…
June 19, 2020
Episode 2: Chris Hogan—CARES Act or Not, Don’t Take Money from a 401k
Chris Hogan is a best-selling author, personal finance expert, and host of The Chris Hogan Show. A colleague…
June 15, 2020
DC Plan Response to CARES Act Varied by Industry, Recordkeeper
“The response of defined contribution plan sponsors to the CARES Act was primarily influenced by the industry they…
June 9, 2020
More Stimulus Spending Stymied by Jobs Report, Market Rebound
Proponents of additional stimulus spending are petering out after Friday’s surprisingly positive employment report. Total nonfarm employment numbers…
June 7, 2020
Senate Passes Important Improvements to PPP Loan Program
The Senate passed a second try at the Paycheck Protection Program (PPP) to address concerns and unintended consequences…
June 4, 2020