Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|Pension Plan Provisions in the American Rescue Plan of 2021|
Apr. 2, 2021
"EPPRA restores financial health to ... about 15% of all multiemployer plans.... This one-time payment does not need to be paid back; however, some strings are attached such as investment guidelines on the cash infusion.... Single Employer Plans struggling to make the minimum required contributions will find two provisions of the new law that will greatly reduce their contribution burden."
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