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Impact of Coronavirus on Retirement Plans

Inside the Coronavirus Aid, Relief, and Economic Security (CARES) Act are several provisions that cover retirement accounts that may provide some financial relief to savers and investors.

This webinar, presented jointly by Herbein and Fragasso Financial Advisors, will help plan sponsors and employers understand key retirement plan provisions under the CARES Act. Plan sponsors, employers and participants will gain a clearer understanding of the Act’s implications for tax planning strategies and what it means for accessing retirement accounts.

This one-hour webinar covers:

  • The CARES ACT and retirement plan aspects
  • Overview of special distribution options and rollover rules
  • Reporting these distributions on your tax return
  • Employer options when it comes to reducing or eliminating contributions to retirement plans
  • Overview of discretionary contributions, Safe Harbor contributions and non-safe harbor mandatory contributions

Dan Tatomir, AIF – Vice President, Fragasso Retirement Plan Advisors
Brian D. Jamnik, CPA – Senior Manager, Herbein + Company, Inc.

This webinar was broadcasted on May 19, 2020 and is now available for you to view at your convenience.

Watch now!