Page 23 - AprDefComp
P. 23

Taking a Coronavirus-related


 Distribution ("CRD")











 • Distribution only allowed to Qualified Individual



 • Distribution made on or after January 1, 2020
 and before December 31, 2020


 • Capped at $100,000 per individual



 • Plan administrator can rely on participant's self-
 certification that he or she qualifies








 Optional provision - can be elected by plan sponsor
















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