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Updated about 4 years ago,

User Stats

139
Posts
54
Votes
Jay Yoo
  • Investor
  • Seattle, WA
54
Votes |
139
Posts

401k distribution under Cares Act

Jay Yoo
  • Investor
  • Seattle, WA
Posted

I found that I can take a full distribution on 401k under Cares Act if it’s taken by the end of 2020.

I know I would pay the tax on the capital gain, but can you share what your experience are if you’ve done this?

My belief in 401k doesn't perform any assets appreciation much as REI does.

Thank you for your time in advance.

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