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New Plan Loan Provisions Under the CARES Act
Cohen & Buckmann P.C. in PLANSPONSOR; registration may be required 
[Guidance Overview] May 20, 2020 "Plan sponsors considering the new loan provisions should ascertain that their vendors and recordkeeper can administer them. This is particularly important if a loan limit between $50,000 and $100,000 is under consideration. Plan sponsors adopting the new loan rules should also communicate the availability of the loan relief to their participants." |
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