Orloff Lowenbach Stifelman & Siegel P.A.

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Helpful Provisions in the CARES Act Affecting Retirement Plans

OLSS shareholder Susan M. Holzman provides a summary of provisions included in the CARES Act that affect the rules for distributions in 2020 from IRAs and certain other retirement plans, including the waiver of required minimum distributions, the waiver of penalties on certain early distributions, and the increase in the amount of certain permitted loans.

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