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Conserving Cash During COVID-19: Suspending Employer Contributions and Other Retirement Considerations
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In these unprecedented and uncertain economic times, many companies are looking at ways to conserve cash and control spending. Options for consideration include applying for government loans through the CARES Act and other programs, reducing employee compensation, implementing furloughs, and, as a worst-case scenario, making layoffs.  If business cash flow is significantly disrupted, one strategy some companies may consider is a suspension, reduction, or delay of employer contributions to its retirement plan.
 
Join Josh Itzoe, Partner & Chief Strategy Officer at Greenspring Advisors, to learn about the options for suspending employer retirement contributions (and potential unintended consequences) as well as other ways COVID-19 is impacting corporate retirement plans.

May 26, 2020 12:00 PM in Eastern Time (US and Canada)

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