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Only a Few Concerns for Retirement Plan Sponsors in the Consolidated Appropriations Act, 2021
Cammack Retirement GroupLink to more items from this source
Jan. 14, 2021

"Given these minor retirement provisions, the Coronavirus Relief Bill is likely more notable for what was NOT included, rather than what was -- namely, the extension to any CARES Act deadlines for coronavirus-related distributions, loan repayments, and waivers of Required Minimum Distributions (RMDs). With none of these deadlines extended past year-end, plan participants can no longer take advantage of CARES Act features in 2021."

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