401k Penalty Free Withdrawals [Coronavirus CARES ACT]

Описание: In this video I'm talking about the guidance for Coronavirus related distributions and loans from the retirement plans under the CARES ACT. How to take up to $100,000 out of your 401k, 403b, 457 plan, IRA or other retirement plans.

The two methods of taking the penalty free withdrawal are for reporting the income in either the year of distribution or over a 3 year period. In addition to taking up to $100,000 out of your 401k or other retirement plan you can also re-contribute those retirement plan dollars over a 3 year period.

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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
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Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE http://bit.ly/2Fo21Ry

Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.

TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™

Company Website: https://www.sicklehunter.com
twitter: @travissickle
Instagram:   / travistsickle  
Facebook:   / sicklehunterfa  
LinkedIn:   / travissickle  

Sickle Hunter Financial Advisors
1646 W Snow Avenue
Suite 144
Tampa, FL 33606

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