Topic: "Coronavirus"


CARES Act Update

The IRS has provided guidance on a variety of retirement plan related topics recently. On Friday, June 19, 2020, the IRS Issued Notice 2020-50 which provides additional guidance on Coronavirus Related Distributions and the CARES Act participant loan rules. The... Read more

Other Coronavirus Concerns

Even with the relief offered by the CARES Act, the Coronavirus is having a significant effect on many business operations. This article discusses some of the additional retirement plan issues related to economic downturns. Reducing 401(k) and Profit Sharing Contributions... Read more

Navigating the CARES Act

The CARES (Coronavirus Aid, Relief, and Economic Security) Act was signed into law on March 27, 2020. It allows three optional provisions, expanding the rules for loans and distributions for eligible participants. They are: Penalty-free withdrawals for coronavirus-related distributions (CRDs)... Read more

The Slow Return to Normal

As you are likely aware, Ohio Governor DeWine has established a plan to gradually reopen Ohio’s economy. The governor’s plan takes a balanced, phased-in approach that allows certain business activities to resume while ensuring necessary safeguards are in place to... Read more

Coronavirus Update

The CARES (Coronavirus Aid, Relief, and Economic Security) Act was signed into law on March 27, 2020. It makes three major changes to retirement plans. The loan and distribution provisions are optional and do not have to be adopted by... Read more

Settling Into The New Normal

Like a lot of companies throughout the country, Noble-Davis has had the vast majority of its employees working from home for the past few weeks. Turns out setting up computers and phones was not the biggest obstacle for some employees,... Read more

The CARES Act for Plan Sponsors

This is an unprecedented time. We are here to answer your concerns about the effect of the coronavirus on your retirement plan. On Friday March 27, 2020, the President signed the Coronavirus Aid, Relief and Economic Security Act (the CARES... Read more
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6190 Cochran Road, Suite D, Solon, OH 44139


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