PENTalk™ Additional Clarity on the CARES Act Provisions
Over the past few weeks, the Internal Revenue Service issued Notices (2020-50 / 2020-51 / 2020-52) to provide greater clarify on provisions under the CARES Act.
Key Provisions Impacting the Retirement Industry
• Notice 2020-50 - Coronavirus Related Distributions (CRD) and Coronavirus Related Loans (CRL)
• Notice 2020-51 - Required Minimum Distributions (RMD)
• Notice 2020-52 - Suspension of Safe Harbor Match, new and temporary rules
Know more at https://www.pentegra.com/videos/additional-clarity-on-cares-act-provisions/
Key Provisions Impacting the Retirement Industry
• Notice 2020-50 - Coronavirus Related Distributions (CRD) and Coronavirus Related Loans (CRL)
• Notice 2020-51 - Required Minimum Distributions (RMD)
• Notice 2020-52 - Suspension of Safe Harbor Match, new and temporary rules
Know more at https://www.pentegra.com/videos/additional-clarity-on-cares-act-provisions/
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