This notification came by email today:

"Relief for taxpayers affected by COVID-19 who take distributions or loans from retirement plans

Notice 2020-50 is intended to help retirement plan participants affected by the COVID-19 coronavirus take advantage of the CARES Act provisions providing enhanced access to plan distributions and plan loans. This relief includes expanding the categories of individuals eligible for these types of distributions and loans and providing guidance and examples on how qualified individuals will reflect the tax treatment of these distributions and loans on their federal income tax filings.

As authorized under the CARES Act, Notice 2020-50 expands the definition of who is a qualified individual to take into account additional factors such as reductions in pay, rescissions of job offers, and delayed start dates with respect to an individual, as well as adverse financial consequences to an individual arising from the impact of the COVID-19 coronavirus on the individual’s spouse or household member.

For more information about this tax relief and other information related to the effects of COVID-19 on federal income tax, visit the IRS Coronavirus Tax Relief pages of IRS.gov."