Covid-19 Updates

Covid-19 Updates

As a critical partner to your business, Aegis Retirement Group (AEG) understands the importance of our ability to continue to support our clients and their employees amidst this global health event.

The health and well-being of our associates, clients, and their employees is of utmost importance to us. We have been monitoring Coronavirus (COVID-19) developments closely through local authorities, the U.S. Centers for Disease Control and Prevention, and the World Health Organization. As the situation continues to evolve, we are keenly focused on our preparedness efforts to maintain a safe work environment for our associates and to sustain our business operations.

Virtual or Phone Meetings

The professionals at Aegis Retirement Group are committed to providing support to our employers and their plan participants. While our in-person meetings are temporarily suspended, we are still very willing to conduct meetings over the phone or through video conferencing. If you would like us to host a group meeting for your employees or if your employees would like to schedule an individual meeting, please feel free to reach out to us using our Request for Consultation.

COVID-19 INSIGHTS FOR RETIREMENT PLAN SPONSORS

As of March 2020, the COVID-19 pandemic has made its impact throughout the United States. Not only has it had a significant effect to the economy, it has changed nearly every Americans way of life. It has most definitely made its mark on your company, which may present serious financial difficulties for your employees. Given the immediate financial impact that many individuals are facing, employers and retirement plan administrators should expect to receive inquiries from plan participants regarding access to retirement savings.


Some companies may need to take action in regards to employer contributions and even personnel in the coming days, weeks and months. The following information is aimed at preparing you for inquiries, administration and decisions you might encounter, including:

  • C.A.R.E.S. Act Legislation
  • Hardship Distributions
  • Loans
  • Impact of Furloughs
  • Partial Plan Terminations
  • Plan Investments
  • Employee Compensation
  • Employer Contributions


For additional information click here.

C.A.R.E.S. Act Legislation

As of March 2020, the COVID-19 pandemic has made its impact throughout the United States. Not only has it had a significant effect to the economy, it has changed nearly every Americans way of life. It has most definitely made its mark on your company, which may present serious financial difficulties for your employees. Given the immediate financial impact that many individuals are facing, employers and retirement plan administrators should expect to receive inquiries from plan participants regarding access to retirement savings.


Some companies may need to take action in regards to employer contributions and even personnel in the coming days, weeks and months. The following information is aimed at preparing you for inquiries, administration and decisions you might encounter, including:

  • C.A.R.E.S. Act Legislation
  • Hardship Distributions
  • Loans
  • Impact of Furloughs
  • Partial Plan Terminations
  • Plan Investments
  • Employee Compensation
  • Employer Contributions


For additional information click here.

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