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KETRA


Felicia
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KETRA provides relief from the 10% early withdrawal penalty for individuals who resided in an area designated as eligible for Individual Assistance. Queries: does the relief (from the 25% early withdrawal penalty) extend to distributions to individuals who participanted in a SIMPLE IRA for less than two years? Does it matter if the employer no longer exists? (In this case, the employer is no longer in business.) Thanks for your input.

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