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How CARES Act Affects Employee Retirement Plan Distributions

Health Consultants Group

They function similarly to provisions in the Hurricane Katrina Emergency Tax Relief Act of 2005. Qualified Plans: The rules consider 401(k) plans, 403(b) plans, governmental section 457(b) plans as qualified. The rules expanded distribution options and waived certain taxes and other requirements.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks. It was founded in 2005 and is headquartered in Pleasanton, California. It was founded in 1997 as Ameripay Payroll Ltd and was renamed Paylocity in December 2005.