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New Member
posted May 21, 2020 6:01:17 PM

I was fired due the COVID19 crisis, then I was rehired in a lower payroll position, I cant pay my rent and other things, Do I qualify for a 401K withdrawal?

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1 Replies
Expert Alumni
May 22, 2020 7:18:57 AM

Yes, you would qualify for Coronavirus-related relief for retirement plans and IRAs.

 

Please read this IRS FAQ for more information.