Qualified Retirement Plan Relief in the Consolidated Appropriations Act, 2021

By Kathy OdleKirsten Stewart, and George Tsai 

The Consolidated Appropriations Act, 2021 (the Act), signed by the president into law on December 27, 2020, contains various relief provisions applicable to qualified retirement plans. This Client Advisory summarizes provisions in the Act, including the temporary rule preventing partial plan terminations, coronavirus-related distributions, and qualified disaster distribution and loan relief provisions.

Read the full advisory HERE.