Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Compliance Analyst (Administrator)


RPA logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Coronavirus-Related Distributions: Repayments and Reporting
American Retirement Association [ARA]Link to more items from this source
Mar. 26, 2021

"[N]ot only can the participant report the distribution amount over a 3-year period, but in fact the participant is also allowed to pay back some or all of the CRD anytime in the three years following the date of distribution ... [and then] pay no taxes on the distribution. This increases the burden on administrative services and accounting reconciliation."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.