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Retirement Relief Provisions of the CARES Act

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. 

Read the Advisory (PDF)

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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