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HomeForumsOff TopicUsing the CARES Act Retirement Waiver
Stephen Bethel's profile image
Stephen Bethel's profile image
Stephen Bethel
  • Rental Property Investor
  • from Boston, MA
  • Member since Dec 27, 2019
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Stephen Bethel's profile image
Stephen Bethel's profile image
Stephen Bethel
  • Rental Property Investor
  • from Boston, MA
  • Member since Dec 27, 2019
Connect
Stephen Bethel
  • Rental Property Investor
  • Boston, MA
4
Votes |
16
Posts
Off Topic

Using the CARES Act Retirement Waiver

Stephen Bethel
  • Rental Property Investor
  • Boston, MA
Posted Apr 16 2020, 17:35

I've read the CARES ACT special rules for retirement funds (ex: 401k/IRA). Allows Coronavirus related distributions up to $100k. Is there too much risk (ex: legal implications) in taking this option? There is a repayment period of 3 years.

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