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Check your 401K

30 Jul 2020 10:27 | Anonymous member (Administrator)

Forwarding from the FAWCO private member site: Please check with your 401K ...

If you know of someone from the USA who has been affected by Covid 19, please let them know that the IRS passed a law which can help eligible taxpayers in need by providing favorable tax treatment for withdrawals from retirement plans and IRAs and allowing certain retirement plans to offer expanded loan options.

The full article can be found at the IRS website, for who qualifies https://www.irs.gov/newsroom/irs-new-law-provides-relief-for-eligible-taxpayers-who-need-funds-from-iras-and-other-retirement-plans


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