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How CARES Act Affects Employee Retirement Plan Distributions

Health Consultants Group

Even if you’re not quite back to business as usual, it’s tax time, and the IRS expects you to be ready. If you allowed your employees to access emergency distributions, rollovers, and loans, they must address those funds in their 2020 tax returns. 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

It was founded in 2005 and is headquartered in Pleasanton, California. Some of the features reviewed by UKG Pro’s customers include the following- “There are several items that will help the employee experience such as ESS to allow employee to make changes to their personal profile, taxes, direct deposit and benefit elections.