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Updated over 4 years ago,
Cares act 401k question
My wife has been out of work due to the virus. She has a hair salon which has been forced to close down during the pandemic. Does anyone know if I will be able to wave the 10% early withdrawal fee if I take a distribution from my 401k because of the cares act. I didn’t know if it had to be my job that was disrupted or if it could be either.