2020 Tax Tip – Retirement Distributions

If you suffered an economic hardship due to COVID-19, you may be eligible to take a distribution from your retirement plan and avoid the ten percent (10%) penalty and spread the distribution over a three (3) year period.

If you need tax advice or tax help, feel free to email us at reception@hoorfarlaw.com or call us at 816-524-4949.

This entry was posted in General and tagged . Bookmark the permalink.

Leave a Reply