Plan Language, Coronavirus-Related Distributions and Loans | Practical Law

Plan Language, Coronavirus-Related Distributions and Loans | Practical Law

A Standard Clause to add coronavirus-related distributions and loans to a 401(k) plan as permitted under the CARES Act. This Standard Clause has integrated notes with important explanations and drafting tips.

Plan Language, Coronavirus-Related Distributions and Loans

Practical Law Standard Clauses w-026-6413 (Approx. 9 pages)

Plan Language, Coronavirus-Related Distributions and Loans

by Practical Law Employee Benefits & Executive Compensation
Law stated as of 14 Sep 2022USA (National/Federal)
A Standard Clause to add coronavirus-related distributions and loans to a 401(k) plan as permitted under the CARES Act. This Standard Clause has integrated notes with important explanations and drafting tips.