Thinking of Taking a CARES Act Retirement Plan Withdrawal? Make Sure You Qualify

Thinking of Taking a CARES Act Retirement Plan Withdrawal? Make Sure You Qualify

It's for this reason that the CARES Act was passed in late March. Its provisions included a direct $1,200 stimulus check, boosted unemployment benefits, and the option to take a penalty-free retirement plan withdrawal if a need for money arose. Are you eligible to take a CARES Act withdrawal?