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IRS Extends Due Date for Contributions to Defined Benefit Plans to January 4, 2021

By Lori Basilico on November 23, 2020
Posted in Defined Benefit Plans, IRS

The Internal Revenue Service recently announced that it will treat contributions to single-employer defined benefit pension plans, previously extended to January 1, 2021 by the CARES Act, as timely if made no later than January 4, 2021 (which is the first business day after January 1, 2021).

Plan sponsors of…

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