401(k) FAQs for Business Owners and Plan Participants

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Without question, the COVID-19 pandemic has created a great deal of economic uncertainty. There are numerous crisis-related 401(k) questions that small business owners need answers to. In general, they want to know their options for cutting (or delaying) plan expenses and participant options for taking a 401(k) distribution and loan. The FAQ attached includes answers to many of the most common questions that have been asked.