The recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES) contain several provisions that affect the UC Retirement Savings Program – which includes the DC Plan, the 403(b) and 457b plans. Provision highlights include the following:

  • Minimum Required Distributions (MRDs)
  • Temporary Distributions for “Qualified Individuals”
  • Temporary 403(b) Loan Program Provision Changes for “Qualified Individuals”

For questions on the CARES Act as it applies to the UC Retirement Savings Program, please contact a UC-dedicated Fidelity Retirement Planner at 1 (800) 558-9182.