A Guide to Implementing the CARES Act and More: Relief for Employers and Retirement Plans Explained

Seyfarth Shaw LLP

As we all are aware, the global pandemic is a force to be reckoned with. Life as we now know it looks completely different than what we had expected a mere few months ago. Nowhere is this more evident than in the financial fortunes of US companies and workers. In response, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and the Internal Revenue Service and the Department of Labor have issued an unprecedented amount of new guidance designed to assist employers and workers through these “novel” times.

The CARES Act and related guidance provide a helpful, although complex, network of new rules and regulations around retirement plans and employee benefit plans. By now many employers have made initial decisions regarding the CARES Act, but you still need to know what to expect when administering them.

Moss Adams, Northwest Plan Services, and Seyfarth Shaw have joined forces to discuss and help explain the administrative, legal, compliance, auditing, and accounting issues related to the CARES Act and more. Even if you already adopted provisions of the CARES Act, we will talk about your next steps and obligations.

Join our webinar to learn about:

• Coronavirus-related distribution and loan relief
• Waiver of minimum required distributed for 2020
• DB plan funding and safe harbor 401(k) plan relief
• Paycheck Protection Program
• Regulatory Relief Including Deadline Extensions
• Common issues and best practices moving forward

Speakers:

• Liz J. Deckman, Partner, Seyfarth Shaw LLP
• Dena Herbolich, CPA, Assurance Partner, Moss Adams
• Benjamin F. Spater, Senior Counsel, Seyfarth Shaw LLP
• Brad Wall, CPA, Assurance Partner, Moss Adams
• Rob Dent, VP, Client Services, Northwest Plan Services

More Information, How to Register