Benefits and COVID-19: Digest of New Guidance

Every week, Cohen & Buckmann co-founding partner, Carol Buckmann, writes a column for PLANSPONSOR magazine about benefits matters and legal changes relating to Covid-19 situation, explaining what plan sponsors and participants need to know about the new law and guidance.

We’ve compiled her most popular entries here (through July 6, 2020):

• Who Qualifies for Coronavirus-Related Distributions?

• New Loan Provisions Under the CARES Act

• How Are Coronavirus-Related Distributions Taxed?

• Deadline Extensions Provide Relief to Retirement Plan Sponsors

• New Requirements and Options for Health/Cafeteria Plans

• The Waiver of 2020 Required Minimum Distributions

• IRS Eases Spousal Consent Rules for 2020

• IRS Expands CRD Eligibility and Clarifies Loan Rules

• IRS Clarification of RMD Waivers and Extension of Rollover Deadline