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PLANSPONSOR BLINESs LOGO June 30th, 2020
Information & Insights for the 403(b) Community
All Eyes on Financial Markets
All Eyes on Financial Markets
How to act prudently during unforeseen economic volatility.
COVID-19 Compliance Corner: IRS Expands CRD Eligibility and Clarifies Loan Rules
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19 pandemic that affect retirement and health plan sponsors.
Ask the Experts
Has Repayment Period Been Extended for Loans Under CARES Act?
“I understand that, under the CARES Act if a participant is qualified under the stated COVID-19 reasons specified in the Act, he/she can borrow 100% of his/her vested account balance up to $100,000. But has the repayment period been extended for such a large loan? Seems odd that such a large amount would be required to be repaid over five years.”
COVID-19 Tests the Limits of ‘Wellness’
Virus-related money woes call for improving workers’ financial education.
Retirement on a 2-Legged Stool
Public employees without Social Security would benefit from a DC plan, financial wellness education.
Empower to Acquire Digital Adviser Personal Capital
The acquisition creates a comprehensive financial wellness solution for retirement plan participants that takes into account their full financial picture.
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