CARES Act Cheat Sheet

CARES Act Cheat Sheet

Provisions are for anyone diagnosed with the virus or for those experiencing “Adverse Financial Consequences as a result of the pandemic. Plan sponsors are told to rely on the employee’s word. Take out as much as $100K for pandemic hardship between Jan. 1- Dec. 31, 2020. 10% early withdrawal penalty is waived. Avoid taxes if […]

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