Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Could the COVID Relief Bill Stall Out?
American Retirement Association [ARA] Dec. 23, 2020 "The COVID-19 relief bill may not get President Trump's signature after all -- with implications for retirement plan sponsors.... While he did not directly threaten to veto the bill, [the President's] call to raise the relief to $2,000 for individuals ($4,000 for couples) raised the specter of that action. While considering the margins of passage (92-6 in the Senate and 359-53 in the House) an outright veto might not withstand the two-thirds vote in each chamber. However, that has also raised the possibility of what's called a 'pocket' veto, which could not be overturned. " |
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