Advertisement
Australia markets close in 6 hours 11 minutes
  • ALL ORDS

    8,076.70
    +11.20 (+0.14%)
     
  • ASX 200

    7,804.50
    +11.20 (+0.14%)
     
  • AUD/USD

    0.6576
    -0.0006 (-0.08%)
     
  • OIL

    79.25
    +0.26 (+0.33%)
     
  • GOLD

    2,315.40
    -6.90 (-0.30%)
     
  • Bitcoin AUD

    93,028.06
    -1,735.31 (-1.83%)
     
  • CMC Crypto 200

    1,300.57
    +5.90 (+0.46%)
     
  • AUD/EUR

    0.6118
    +0.0001 (+0.01%)
     
  • AUD/NZD

    1.0955
    +0.0005 (+0.04%)
     
  • NZX 50

    11,757.79
    -25.10 (-0.21%)
     
  • NASDAQ

    18,085.01
    -6.43 (-0.04%)
     
  • FTSE

    8,354.05
    +40.38 (+0.49%)
     
  • Dow Jones

    39,056.39
    +172.13 (+0.44%)
     
  • DAX

    18,498.38
    +68.33 (+0.37%)
     
  • Hang Seng

    18,313.86
    -165.51 (-0.90%)
     
  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     

Should You Use This Coronavirus Retirement Loophole Before 2021?

Should You Use This Coronavirus Retirement Loophole Before 2021?

Although Congress has not yet reached an agreement about another stimulus package, many benefits under the CARES Act are still in effect. The CARES Act, which was passed in March of this year, includes several provisions aimed to provide financial relief to U.S. households. Under the CARES Act, though, you can take penalty-free withdrawals of up to $100,000.