401k Early Withdrawal 2020

Hello,

I wanted to confirm that if I withdraw my 401k in 2020 (early withdrawal) that there would be zero 10% penalty for the first $100,000 based on the stimulus package recently approved? I don't need to "qualify" for anything, correct? The "no early penalty" applies to all withdrawals?

 

Also, how does the "pay the taxes over three years" piece work?

 

Thanks,

Brian