Page 20 - AprDefComp
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Qualified Individuals
• Governs who may receive the new distributions or take advantage of
participant loan relief
• Defined as an individual
• Diagnosed with SARS-CoV-2 or COVID-19 by a test approved by the
Centers for Disease Control and Prevention; OR
• Whose spouse or dependent is so diagnosed by such a test; OR
• Who experiences adverse financial consequences as a result of
• Being quarantined; OR
• Being laid off or furloughed or having work hours reduced due to
the virus; OR
• Being unable to work due to lack of child care due to the virus; OR
• Closing or reducing hours of a business owned or operated by the
individual due to the virus; OR
• Other factors as determined by the Secretary of the Treasury
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