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, Inc., a subsidiary of Truist Insurance Holdings, Inc., 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.
McGriff Insurance Services, Inc. CA License #0C64544