There has been a plethora of US legislation passed at a relatively fast pace over the past weeks. From changes and extended unemployment benefits, to support for small businesses such as the Payroll Protection Program, it has likely been challenging to get your arms wrapped around it all.
The CARES Act was designed to help most Americans who have suffered financially from the Coronavirus. Our 401(k) clients have emailed our CARES Act summary that you can access here, directly to their employees. Feel free to do the same as the feedback from employees has been overwhelmingly positive as we try to support our employees and ease their fears.
Please, if you have any questions about the CARES Act or questions your employees may be facing regarding their current financial situation, we are here to help support you.