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The Thomas Howell Ferguson Blog

The CARES Act’s Impact on Retirement Plans

Congress passed the Coronavirus Aid, Relief, and Economic (CARES) Act on March 27, 2020.  The CARES Act includes provisions that impact retirement plans of all types.  Continue reading to learn more about the key CARES Act provisions passed. Coronavirus-Related Distribution This is a new distribution category that may be added to existing plans. Plans may […]

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Paycheck Protection Program (PPP) – Loan Details

The Paycheck Protection Program (PPP) loan can help many businesses, but what are the loan details? Check out the specifics below. What is the interest rate on a Paycheck Protection Program (PPP) loan? The interest rate will be 100 basis points or one percent. The Administrator, in consultation with the Secretary, determined that a one […]

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