COVID Relief: Penalty-Free 401(k) & IRA Withdrawals
https://smartasset.com/financial-advisor/covid-401k-ira-withdrawals
WEBMar 13, 2023 · Essentially, if you needed cash, you could take up to $100,000 from your retirement plan, even if you are under the normal minimum age of 59.5, without being assessed the 10% penalty charged on early withdrawals. These withdrawals are still treated as normal income, though, so you’ll have to pay regular taxes on it.
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