Tax Preparation in South Hills, PATax Preparation in South Hills, PA
Tax Preparation in South Hills, PA
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Tax Preparation in South Hills, PA

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  • Contact Us

Daily Archives: May 27, 2020

Cashing Out a 401(k) Due to COVID-19?

Under the CARES Act, individuals impacted by coronavirus can access up to $100,000 from their 401(k)s and IRAs with fewer consequences than usual. But is it the right decision? Typically, the penalty for withdrawing from a 401(k) before the age of 59½ is 10% of the distribution, plus an automatic withholding of at least 20%…

May 27, 2020General InformationBy Alysa Andrews
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(412) 885-0580
105 Caste Village
5301 Grove Road
Pittsburgh, PA 15236