COVID-19 and the CARES Act – Partial Termination Relief for Retirement Plans
By EsqSocial Corporation 20/10/20
Many employers have had to terminate or furlough employees in 2020 due to COVID-19. Under IRS rules, a partial termination of a retirement or 401(k) plan may occur when there is a significant reduction (generally more than 20%) in plan participation due to employer-initiated terminations or layoffs during the…...
By: Vandeventer Black LLP