The Standard • The Standard is working with Plan administrators and will be accepting COVID-19-related distribution requests as soon as possible and if they do not receive an opt-out election from the plan sponsor. • The Standard expects to accept COVID- 19-related distribution requests during the week of April 6, 2020. • Participant communications are in development. Transamerica • Transamerica is working to update their systems to implement these changes and expects to have more information available to plan sponsors and participants within the coming week. Vanguard • Vanguard is working to update their systems to implement these changes and expects to have more information available to plan sponsors and participants within the coming week
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