Distributions From 457 Contribution Plans Allowed Through December 31 |
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July 2020 | |
Participants impacted by the pandemic may be able to take a distribution from their 457 employee contribution plan of up to $100,000 through December 31, 2020. A participant is eligible if due to the pandemic if:
To request a distribution, contact your investment provider for the CARES Act form. Submit your completed form to Retirement Investors’ Club (RIC) by December 31, 2020, by fax (515-281-5102) or email. More information may be found on the IRS website.
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