The Coronavirus Aid, Relief, and Economic Security (CARES) Act offers about $2 trillion in funds to help the nation weather the pandemic. The portions of the law that are particularly relevant to individuals who participate in qualified retirement plans are highlighted in the document linked below.
Please be aware that the CARES Act does not require retirement plans to include the early distribution and loan provisions discussed in the document. Participants should check with their plan to determine which options, if any, are available to them.