On March 27, 2020, the CARES Act was signed into law, authorizing economic relief to those impacted by COVID-19. Among the many features of the CARES Act were several provisions that allow impacted participants to have expanded access to their retirement plans. This expanded access does not apply to the Arkansas Teacher Retirement System. Although the CARES Act has been signed into law, the full effects of the law are still being determined and additional guidance may be issued by the federal government.
