The CARES Act: Helping Your 401(K) Participants During the Coronavirus Crisis
The Enhanced Loan Provision for Qualified Participants Updated through July 28, 2020 By Fred Reish, Bruce Ashton and Betsy Olson With the spread of the coronavirus and the resulting closures and cutbacks, many 401(k) participants are working reduced hours, but are not considered to be terminated for purposes of ERISA. Furloughs and similar required leaves […]