In The Press August 10, 2020

Recent Acts Will Require Plan Amendments (PlanSponsor)

Plan modifications brought on by the Coronavirus Aid, Relief and Economic Security (CARES) Act and the Setting Every Community Up for Retirement Enhancement (SECURE) Act mean there could be select changes to plan documents that require amendments. Providers of the prototype plan will generate an amendment automatically, and then roll it out to adopting employers and other third parties for review, says Rachel Smith, an ERISA & Executive Compensation partner at Goodwin. Read the PlanSponsor article here.