Counsel Seth Hanft is extensively quoted in an article published by “Tax Notes” on April 1, 2020. The article, “CARES Act Retirement Relief Appears Optional,” discusses provisions in the CARES Act intended to help retirement plan participants. Hanft told the publication that the Act “provides employers with a few different options for loosening the retirement plan distribution and loan rules” and that “it’s important to note that I said ‘options,’ because it appears that employers are free to decide whether to add these features to their plans or not.”
Read the article (registration required).