Free Webinar: CARES Act Impact on 401(k) & 403(b) Plans
Did you know the CARES Act has NEW provisions in it for your Qualified Retirement Plans? Mutual of America is offering a webinar on how the CARES Act pertains to Qualified Retirement Plans. Most of us are aware of the SBA Paycheck Protection Program for organizations with less than 500 employees and the Federal Reserve loans for larger organizations, but there are also provisions in the CARES Act that pertain to qualified retirement plans.
This webinar is especially helpful to non-profit organizations with 401(k) or 403(b) Plans that have questions and concerns as to how the CARES Act’s provisions affect their plans and their employees. It will be presented by Steve Yards through Webex, and the topics that will be discussed are as follows:
Furloughs vs. Layoffs
Partial Plan Terminations
Distributions to Qualified Individuals
Coronavirus-Related Loan Rules for Qualified Individuals
Required Minimum Distribution (RMD) Suspensions for 2020