Sona Wealth

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Month: April 2020

New COVID-Related Rules For Accessing Your 401k

COVID-19 surprised everyone. As part of the response to COVID, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed. A less-publicized part of the act was the option for employers to offer very lenient 401k distribution and loan options for COVID-related hardship. One major takeaway for employees is to realize that the new …

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