IRS FAQ regarding pandemic-related relief for retirement plans and IRAs

A key section of the CARES Act is devoted to special provisions for retirement plans and IRAs, particularly regarding distribution options, rollover rules, and early withdrawal penalties. New IRS guidance about these provisions is expected shortly and will be covered here in our Coronavirus News & Information Center. In the meantime, we’ve included a link to a special FAQ from the IRS about coronavirus-related relief for retirement plans and IRAs. If you are a plan participant or IRA holder, we urge you to read it here.