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401k, Covid and Qualification
Good Day,
My wife and I moved 100 miles in January 2020 and I had to leave my employer. I closed out my 401k (under $100k). I had intended to move it to another fund, but local employment chances dropped with the pandemic and we ended up needing it. I did not originally intend it as a Cares distribution but it ended up being one. Do I qualify as a coronavirus-related distribution under(CARES Act §2202(a)(4)) even if it was not my original intent?
March 5, 2021
12:10 PM