Additional Guidance for Coronavirus-Related Distributions and Loans Under the CARES Act
The Energy Law
JULY 2, 2020
resume January 1, 2021), and the term of the loan may be extended by up to 1 year from the date the loan was originally due to be repaid. Because the participant is a qualified individual, no further repayments are made on the participant’s loan until January 1, 2021 (when the balance is $19,477).
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