---
title: "Understanding the CARES Act"
date: 2020-04-07
author: "Site Admin"
featured_image: "https://pinnacle-plan.com/wp-content/uploads/2020/04/Spring-2020-Graphic.avif"
categories:
  - name: "Newsletters"
    url: "/category/newsletters.md"
tags:
  - name: "Coronavirus"
    url: "/tag/coronavirus.md"
---

# Understanding the CARES Act

View This Newsletter: [Understanding the CARES Act](http://pinnacle-plan.com/wp-content/uploads/2020/04/2020-Benefit-Insights-Spring-CARES-Act.pdf)

### Understanding the CARES Act

![](http://pinnacle-plan.com/wp-content/uploads/2020/04/Spring-2020-Graphic-300x101.png)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into Law on Friday, March 27, 2020. Besides the generalized financial relief afforded to individuals, as well as loans and other concessions for businesses, the massive relief bill for those suffering as a result of the Coronavirus Pandemic includes many provisions to help participants and employer sponsors of retirement plans. [Learn more](http://pinnacle-plan.com/wp-content/uploads/2020/04/2020-Benefit-Insights-Spring-CARES-Act.pdf)

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Pinnacle Plan Design is a third-party administrator (TPA) for employer-sponsored qualified retirement plans. We specialize in retirement plan design, administration and actuarial consulting for 401(k)/profit-sharing plans, defined benefit plans, cash balance plans, and 403(b) plans. Pinnacle Plan Design proudly serves businesses nationwide.