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- COVID rules for early distribution from an IRA - qualification peramiters
COVID rules for early distribution from an IRA - qualification peramiters
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SLL
Level 1
10-10-2020
09:51 AM
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What are the qualification rules for early withdrawal from an IRA account? Person is taking $100,000 which appears to be the limit. They have not had the COVID-19 but has had a financial impact due to the COVID. Are there any issues with percentage of loss income etc?
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1 Comment 1
qbteachmt
Level 15
10-10-2020
11:04 AM
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The best resource is to read what the IRS issues:
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