Coronavirus Qualified Plan Relief: 401(k) withdrawal penalties waived due to Coronavirus

The 401(k) plan has many benefits and restrictions. Currently, due to the crisis from the coronavirus, Congress has waived some of the penalties, and increased the loan amount— along with altering other provisions.

Read more here:
https://fortune.com/2020/03/27/401k-withdrawal-penalties-waived-retirement-accounts-loans-retirees-coronavirus-stimulus-package-cares-act-relief-bill/?fbclid=IwAR2_x6jmPGN5fiYcMSZR6ae-II6WJzd9wnbLeYmRQ3bKeTbsFyC0CFEEKcc

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