Which retirement accounts are eligible for coronavirus-related withdrawals?
Plans from which the withdrawals may be taken include pension, profit-sharing, 401(k), stock bonus plans, IRAs, 403(a) and 403(b) plans and governmental 457(b) plans. Coronavirus-related distributions are also available for beneficiaries of deceased participants and for alternate payees provided they are a “qualified individual” as described above.
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.