Page 5 - AprDefComp
P. 5

Insights for Employers

             COVID-19 Latest Insights

           Reporting and notices
                   o  The Act empowers the Department of Labor to extend certain deadlines for notices – more
                       information expected in the coming weeks.

        Plans can adopt the new rules immediately. The plan will eventually need to be amended on or before the
        last day of the first plan year beginning on or after January 1, 2022, or later if prescribed by the Secretary of
        the Treasury.

          For any questions related to the CARES Act, your plan, or how it impacts your
         employees and participants, please do not hesitate to contact your Plan Advisor

                                 at 800.959.0071 or


        Securities may be offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment
        Advisory Services may be offered through NFP Retirement, Inc. Kestra IS is not affiliated with NFP Retirement Inc., a
        subsidiary of NFP. NFPR-2020-86 ACR# 345605 4/20

   1   2   3   4   5   6   7   8   9   10