Kirsten Curry

  • Hurricane update: IRS facilitates withdrawals from 401(k)

    Hurricane update: IRS facilitates withdrawals from 401(k)

    The Internal Revenue Service (IRS) announced that participants of 401(k) plans (and other types of company-sponsored retirement plans) affected by Hurricane Harvey, are automatically approved to obtain a hardship withdrawal and/or participant loan from their 401(k) plan. This means that business owners and their employees can access their retirement monies as financial assistance for recovery

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