Forgo 401k Early-Withdrawal Penalty
Calls for fiscal relief involving 401ks are growing louder, with The Wall Street Journal joining the American Retirement Association and Empower Retirement in arguing for penalty-free—and in some cases tax-free—withdrawals to combat the coronavirus crisis. “As the coronavirus threatens to stall the U.S. economy, a relatively easy countermeasure is to hit the emergency 401k button: Congress should allow people to take…