About the Advisory
April 7, 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (CARES Act), the $2 trillion stimulus package that contains several provisions providing relief to single-employer defined benefit pension plans and defined contribution retirement plans, and sponsors of those plans. McGriff has created a helpful guide to some of the main retirement relief items that were included in the law.
Insurance products and services offered through McGriff Insurance Services, LLC, a subsidiary of Truist Insurance Holdings, LLC, are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.
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