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Will Your Retirement Plan Adopt CARES Act Provisions?

June 17, 2020
By Millennium Trust
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CARES Act retirement plan provisions may be critical to the short-term financial health of some families. However, as plan sponsors know, an increase in plan distributions and loans could exacerbate the retirement crisis.

Will Gig Economy Workers Survive the Effects of the Coronavirus Pandemic?

June 10, 2020
By Millennium Trust
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Gig workers, who likely lacked access to traditional benefits before the recent economic uncertainty, are particularly affected by the coronavirus pandemic.

Congress Increases Relief Funding with Paycheck Protection Program and Health Care Enhancement Act

June 4, 2020
By Millennium Trust
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New legislation provides approximately $484 billion in additional coronavirus relief funds for small businesses, hospitals, healthcare providers and states.

CARES Act 2020: Coronavirus-Related Relief Enhances Access to Retirement Plan Assets

May 28, 2020
By Millennium Trust
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The CARES Act doubled the amount that plan participants can borrow from qualified retirement plan accounts – from $50,000 to $100,000. But, do you know the pros and cons?

CARES Act 2020: What Is a Coronavirus-Related Distribution from Your Retirement Account?

May 5, 2020
By Millennium Trust
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The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) offers financial assistance to Americans affected by coronavirus lockdowns, layoffs and furloughs.

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