On June 19, 2020, the IRS released Notice 2020-50 (the Notice) which provides additional guidance on tax-favored distributions from retirement plans and expanded plan loan relief under the “Coronavirus Aid, Relief, and Economic Security Act” (the CARES Act). As noted in our prior alert, the CARES Act provides that during the period January 1, 2020 to December 30, 2020, “qualified individuals” may take coronavirus-related distributions of up to $100,000 from their eligible retirement plans. A…
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Recent
Department of Labor (DOL) issued final regulations establishing new safe harbors for the electronic delivery of required retirement…
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The Coronavirus Aid, Relief, and Economic Security Act (the “Act”) was passed by the US House of Representatives by…
Effective as of February 1, 2020 Institutional Shareholder Services (ISS) will increase its focus on gender diversity within…
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