401(k) Plans and the Coronavirus
By Craig Erickson
With the global pandemic caused by COVID-19 causing vast uncertainties in the economy, employers that sponsor employee benefit plans and the plan fiduciaries must continue to manage and administer their benefit plans, as well as address inquiries from their participants. The following are some topics that may be helpful during these times.
Hardship Withdrawals
Plan sponsors may receive calls from plan participants in the near future asking for ways they can financially...
