Retirement Plan Issues for Plan Sponsors to Consider for COVID-19 | Practical Law

Retirement Plan Issues for Plan Sponsors to Consider for COVID-19 | Practical Law

An Article providing plan sponsors of qualified retirement plans with issues to consider in light of COVID-19. This Article focuses on several issues including fiduciary duties, suspending employer contributions, defined benefit plan in-service distributions and normal retirement age, defined benefit plan funding, service crediting, partial plan termination, 401(k) plan distributions, 401(k) plan loans, and required minimum distributions.

Retirement Plan Issues for Plan Sponsors to Consider for COVID-19

Practical Law Article w-024-6257 (Approx. 8 pages)

Retirement Plan Issues for Plan Sponsors to Consider for COVID-19

by Practical Law Employee Benefits & Executive Compensation
Law stated as of 02 Apr 2020USA (National/Federal)
An Article providing plan sponsors of qualified retirement plans with issues to consider in light of COVID-19. This Article focuses on several issues including fiduciary duties, suspending employer contributions, defined benefit plan in-service distributions and normal retirement age, defined benefit plan funding, service crediting, partial plan termination, 401(k) plan distributions, 401(k) plan loans, and required minimum distributions.