young woman thinking about 3 checkboxes that say yes, no, maybe (Photo: Shutterstock)

Many applauded the recent CARES Act retirement provisions allowing employers to let employees borrow or withdraw more from their retirement plans. But others were, if not alarmed by workers going for the gusto and grabbing their funds, concerned.

Did offering the ability to take more loans require (morally or otherwise) an employer to provide some information about potential consequences? Would employees be hurting themselves more by taking advantage of the provisions? Would plans be drained by summer?

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C.J. Marwitz

C.J. Marwitz is a writer and editor.

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