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re: Cares act allows withdrawal from retirement account

Posted on 8/5/20 at 12:00 am to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 8/5/20 at 12:00 am to
quote:

Does this mean I could transfer out of my employer’s crappy 401K into my much more flexible IRA with no penalty right now?


Yes, I have done it, just never have the funds payed directly to you.
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