IRS Releases Detailed Guidance on CARES Withdrawal and Loan Relief

On June 19, 2020, the Internal Revenue Service (“IRS”) released guidance (Notice 2020-50) clarifying many aspects of the retirement plan withdrawal and loan relief provisions of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The CARES Act contains three principal items of withdrawal and loan relief......<BR />By: <a href="https://www.jdsupra.com/profile/Kilpatrick_Townsend_Stockton/">Kilpatrick Townsend & Stockton LLP</a>

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