Dismantling 401(k) has Significant Retirement Implications

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The $2 trillion CARES Act contains widespread provisions aimed at dampening the economic hardships caused by the coronaviruspandemic. Under the CARES Act, qualifying individuals may tap into their retirement accounts without the typical penalties, including 401(k) and 403(b) plans.Q1 2020 hedge fund letters, conferences and moreEven though retirementplan funds may have become easily accessible overnight, dismantling even a portion of your 401(k) can have significant implications for retirement savings. It goes without saying that other emergency, non-retirement sources should be exhausted when…

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