Browsing Tag
CARES Act
63 posts
3 Tips to Make the Most of an Atypical ‘529 Day’
It’s the 29th day of the fifth month of the year—which makes it “529 Day,” or more formally,…
Congress to Vote on Revamp for Poorly Performing PPP
Widespread criticism of the Paycheck Protection Program (PPP) has Congress reportedly looking for fixes (and votes) that could…
Pandemic Impact on Retirement Planning: Participants Stay the Course
When the CARES Act passed in response to the COVID-fueled economic crisis, the retirement industry worried that its…
Survey: Half of Americans Have or Will Tap into Retirement During Pandemic
A new survey found that three in 10 Americans have already dipped into their 401(k)s or other retirement…
Dem-Proposed ‘Heroes Act’ Includes Further RMD, Pension Relief
A number of retirement provisions are included in the sprawling 1,815-page HEROES Act, released by House Democrats on…
‘Retirement 2.0’ Legislation: What’s Next
Before the coronavirus pandemic hit, many retirement reform legislation champions in the U.S. House and Senate were openly…
IRS Posts CARES Act FAQ for Retirement Plans
If you’ve got questions about the CARES Act, the IRS is here to help (wait, what?) More specifically,…
Senators Introduce New Bill to Allow PPP Loan Tax Deductions
The IRS is stirring anger. The beloved revenue-gathering arm of the United States government issued guidance last week…
Few DC Plan Participants Withdrew Funds in 2019, ICI Finds
Only 3.9% of defined contribution (DC) retirement plan participants withdrew money from their accounts in 2019, according to…
EBSA Issues New CARES Act 401k Guidance
Further federal guidance regarding deadline relief for 401k plans impacted by CARES Act changes is here. The Employee…