Are there any changes in the hardship distribution rules or availability of retirement accounts?

While there have not been any changes to the hardship distribution rules, the CARES Act created a new type of distribution, the coronavirus-related distribution (CRD), which is more broadly available than the hardship distribution.

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Cetera Retirement Plan Specialists is a third-party administrator and may not offer tax, legal or investment advice. Plan sponsors should consult their own tax, legal or investment professionals.