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In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748), known as the CARES Act, was enacted on March 27, 2020. The bill provides financial aid for individuals and companies. The sweeping $2 trillion stimulus bill also contains several important provisions for employers and plan administrators regarding their retirement plans. To learn about the key provisions affecting retirement plans, read our CARES Act PDF.
