Personal Finance & Money Asked on March 17, 2021
If a person is having a hard time in 2021 and he is under 59.5 decides to take a withdrawal from his IRA, under current law he is subject to a 10% penalty. Now congress is debating another COVID relief package and it looks like it is going to pass.
Does that package include a waiver of the 10% penalty for early IRA withdrawals? I thought it did, but I cannot find a web site that supports that point of view.
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