CARES Contributions Add DB Wonkiness…and Maybe a Difficult Choice
August 30, 2020 at 09:00 AM EDT
By Mike Clark, Consulting Actuary, the Principal Financial Group The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed on March 27 and allows defined benefit (DB) plan sponsors to postpone contributions required during calendar year 2020 until January 1, 2021. On the surface,...