@Blake RumleyKeep in mind that in order to take a distribution under the CARES Act you must have been impacted by the virus in one of the enumerated ways & your current account provider must allow you to take a CARES Act distribution.

I’d appreciate any advice, considering this virus.

How has the commercial property weathered the virus?

New Bill past 10/1 states no evictions or foreclosures for 1 year for non payment as of date of bill.Thoughts?https://www.bloomberg.com/news/articles/2020-10-03/house-coronavirus-relief-bill-would-ban-evictions

It is entirely dependent on your retirement plan provider, as some will require specific criteria to be met, however typically, you simply need to meet the one of the following :-You are diagnosed with the virus SARS-CoV-2 or with coronavirus disease 2019 (COVID-19) by a test approved by the Centers for Disease Control and Prevention;-Your spouse or dependent is diagnosed with SARS-CoV-2 or with COVID-19 by a test approved by the Centers for Disease Control and Prevention;-You experience adverse financial consequences as a result of being quarantined, being furloughed or laid off, or having work hours reduced due to SARS-CoV-2 or COVID-19;-You experience adverse financial consequences as a result of being unable to work due to lack of child care due to SARS-CoV-2 or COVID-19; or-You experience adverse financial consequences as a result of closing or reducing hours of a business that you own or operate due to SARS-CoV-2 or COVID-19.This is according to irs.gov.

I would be interested to see how the US changed after the Spanish Flu (probably a racist term by today’s standards).

The recession’s inequality is a reflection of the coronavirus itself, which has caused more deaths in low-income communities and severely affected jobs in restaurants, hotels and entertainment venues as Americans try to avoid crowded places to protect their own health and slow the spread of the virus.

@Mike MillerKeep in mind that in order to take a distribution under the CARES Act you must have been impacted by the virus in one of the enumerated ways & your current account provider must allow you to take a CARES Act distribution.

In pro business states only maybe 30% of businesses were shut down as larger types were considered essential.So a lot of it is politics and who is running the state, county, city and their views on the virus, etc. as to what controls to put into place.In addition eating outside it matters if you are talking a cold belt or warm belt state.

Keep in mind that in order to take a distribution under the CARES Act you must have been impacted by the virus in one of the enumerated ways & your current account provider must allow you to take a CARES Act distribution.