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The CARES Act is around 7 months old and it is still prompting plan sponsor and plan participant activity, although most are largely staying the course during the COVID-19 pandemic.

Enacted in March, the CARES Act offers provisions employers can choose to offer to employees who have been impacted financially by the crisis include adding COVID-19-related distributions (CRDs), waiving required minimum distributions (RMDs) for 2020, and increasing loan limits.

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