One last question. Are you familiar with the Consolidated Appropriations Act of 2021 (CAA) signed into law in December, 2020? It temporarily replaced or extended some of the provisions of the CARES Act of March, 2020.
It expanded access to penalty-free Distributions.
"For purposes of the CAA, a “qualified disaster distribution” is any distribution made from 401(k) plan on or after the first day of the occurrence of a “qualified disaster” prior to June 25, 2021".
Do you know if this can be applied to Coronavirus related distributions?
Thank you for all of your help
Larry
