Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Retirement Plan Provisions in the Coronavirus Stimulus Bill
River and Mercantile Solutions [Guidance Overview] Mar. 30, 2020 "The CARES Act adds 'a public health emergency declared by the Secretary of Health and Human Services' to the list of events that allow the Secretary of Labor to delay for up to one year deadlines imposed by ERISA. Such a delay would seem necessary for pension plan sponsors to take advantage of ... contribution timing relief ... [O]therwise, PBGC premium and 5500 filings would be due before the (extended) due date for contributions that would be reportable on those filings. This provision would also appear to grant the DOL Secretary with the authority to push back deadlines for requirements such as the Annual Funding Notice and PBGC 4010 filings[.]" |
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