IRS provides guidance on special CARES Act rules for single-employer defined benefit pension plan

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August 6, 2020
2020-1999

In Notice 2020-61, the IRS provides guidance on special rules under the CARES Act regarding single-employer defined benefit pension plans. The special rules provide that a contribution that would otherwise be required to be made to a plan during 2020 must be made by 1 January 2021, and special interest adjustment rules apply to a contribution that is made after the otherwise applicable deadline.

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