
COVID-19 Update: New Rules for Taking Hardship Distributions and Loans from Qualified Plans and IRAs
Posted By Jordon Rosen, CPA, AEP Many Americans are taking a financial beating as a result of the COVID-19 pandemic. It’s bad enough that those with a retirement plan are seeing their retirement savings take a hit as the stock market has plunged from it’s February highs, but they are also suffering due to layoffs, reduced hours and pay cuts … Continued