Mustapha Ratib
Level 4

Hello All,

Individual who is years old who is affected by COVID-19 can he withdraw full Amount of his  retirement accounts 401(k) for loosing his job without a 10% penalty, and if so do we use form 5329 and what linbe if so.

I did find online that the 10% penalty will be waived for distributions made in % 2020 if it is covid-19 related.

 

Thank you for your response.

Mustapha

 

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